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I’m talking about much higher taxes than that. If you can afford a 10m slope-side deer valley home, make it a 1M+ annual tax. The problem of people not being p

I’m talking about much higher taxes than that. If you can afford a 10m slope-side deer valley home, make it a 1M+ annual tax. The problem of people not being present cuts both ways, and I fall on the side of preferring people to be present. I want to live in a place where people are present in their communities - that doesn’t mean you have to go to every council meeting, but it does make you more invested in the quality of the neighborhood and town. Yes, you use more community services, but isn’t that the point? The local businesses have higher cash flow, you have to deal with that pothole on 7th that hasn’t been fixed yet, etc.

thehappypm 3y ago
The same problem exists though! Maybe a rich Aspenite will pay a million dollar tax, but that doesn’t solve the NIMBY problem. Oh, and they bailed for somewhere cheaper
lotsoweiners 3y ago
So people will make their most expensive/desirable property their address of record for voting purposes. Or they’ll find some other loophole like a LLC owning the property. Wealthy people are usually smart and determined and will do what they need to do to hold onto their money. That’s how they get wealthy or stay wealthy in the first place.
- drawkward 3y ago
  >That’s how they get wealthy or stay wealthy in the first place. Most wealthy people are born into it. [1] [1] https://www.fool.com/the-ascent/personal-finance/articles/study-shows-only-27-of-wealthy-americans-are-self-made/ https://www.fool.com/the-ascent/personal-finance/articles/st...