3 ms·
What if we had a way of making buildings of a given size, or, say, value, contribute cash to the local and state governments, that the governments could then di
by BobaFloutist 3y ago
What if we had a way of making buildings of a given size, or, say, value, contribute cash to the local and state governments, that the governments could then distribute as needed to transit, emergency services, infrastructure, schools, etc? We could even make it an annual fee so that they have to contribute to ongoing costs, and maybe periodically we could reassess the value of the property.
- jandrese 3y agoSounds like it would be wildly unpopular and politicians would mess with your figures to get votes, even when that would ruin the budget. Sometimes specifically to ruin the budget because what they really want is to reduce/remove those services.
- sokoloff 3y agoGP described the current property tax system, which seems to work pretty well in non-blighted towns and cities.