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Passage of insurance tax on referendum sparks consumer outrage
The Alabama Association of Insurance Agents condemns a proposed one per cent premium tax to fund firemen pensions on the December 9 referendum. They warn it would raise home and business insurance rates, push Alabama above nine per cent total tax on premiums, and unfairly burden policyholders while benefiting firefighters. The letter also urges a YES on Amendment No. 1 to create an elected State Board of Education and appointed State Superintendent, arguing it improves representation and long term school planning.
MENTIONED IN THIS ARTICLE
Alabama Association of Insurance Agents Today
Alabama
William’ T. Johnson
Tuscumbia
The
Agents Association
Fire Fighters Association
Johnson
Association of Insurance Companies
American Association of University Women
Board of Education