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"If you raise salaries, you have to raise taxes" This is not necessarily true, as the assessed value of all land in the area is "increased", additional tax rev
by gm-conspiracy 10y ago
"If you raise salaries, you have to raise taxes"
This is not necessarily true, as the assessed value of all land in the area is "increased", additional tax revenue is gained without "raising" taxes. As assessed values fall, the chances of a budget shortfall increase.
To me, increase density as a solution to affordability, is as effective as adding additional highway lanes to reduce traffic congestion.