4 ms·
The article isn't even calling for a progressive tax or an absentee differential, just that the new ultra-lux condos shouldn't get a tax break of 90+%. That se
by bradleyjg 12y ago
The article isn't even calling for a progressive tax or an absentee differential, just that the new ultra-lux condos shouldn't get a tax break of 90+%.
That seems like a no-brainer to me. About the only argument in this thread against it is from zaroth (https://news.ycombinator.com/item?id=9534802 https://news.ycombinator.com/item?id=9534802). He says that these buildings wouldn't be built without the tax break. I'd be willing to consider the possibility, but I'm unconvinced at this point.