March 3, 2017
According to
columnist Stacy Washington in today's Post-Dispatch, cities that rely on
property taxes and not an earnings tax fare better in terms of population
growth, housing values, and business retention. Seems odd to me, but who am I
to argue with the experts? (The earnings tax in St. Louis is 1%. And we didn’t consider
it when we decided to live in the suburbs; we considered the cost of housing.)
I'm waiting for
someone to come up with a rebuttal.
In the meantime, since
so many of our politicians keep harping on cutting taxes, I say we should declare a
tax holiday: Any services that are paid for by taxes should take a holiday. We
could keep our kids home from school, because there would be no teachers; go on
a crime spree without worrying about the cops; and not have our commutes
delayed by those pesky road crews filling in potholes.
Who’s with me?
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