4 ms·
Add strong tenant protections to avoid 6-mo leases. Funnel all revenue from that tax into a special fund whose only use can be affordable housing - where all pr
by beambot 10y ago
Add strong tenant protections to avoid 6-mo leases. Funnel all revenue from that tax into a special fund whose only use can be affordable housing - where all projects must be financed using existing funds rather that future tax revenues or borrowed debt (govt needn't do debt to finance all programs).
- tw04 10y agoSo then I just setup shell corporations to sell the property back and forth between every couple of years to reset the tax. The original idea was the correct one - just make them high by default. Exponentially raising would cause countless headaches and loopholes.