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You're missing the point. Towns come out ahead when the people living there come out ahead. I'm not arguing with your math, but your math is also a straight lin
by f4c39012 2mo ago
You're missing the point. Towns come out ahead when the people living there come out ahead. I'm not arguing with your math, but your math is also a straight line to a town with no people at all being better. Towns are for _people_.
- mlrtime 2mo agoIt's for the people if they are stuck with a negative tax base and no way out. You either expand tax base or shrink it. A DC [can be] a good stop gap as it increases tax base for the city while not requiring additional services that cost tax dollars. Either that, or everyone's property taxes go up.
- AnthonyMouse 2mo agoWhere do you get the premise that the people living there don't come out ahead? You have something which, if it moves in, would pay more in property that than it consumes in services. Even at a significant discount to the ordinary property tax rate. If the net benefit after the discount is +$1M/year to the local coffers then the local people are benefiting in that amount, and it's easy to see numbers like that even after offering significant tax incentives.