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To: calcowgirl; Amerigomag
One could look at this type of measure as a sort of backward tax increase. By abetting shortages in developable real estate, higher prices inflate property tax revenue.
4 posted on 10/03/2006 11:33:02 AM PDT by Carry_Okie (There are people in power who are truly evil.)
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To: Carry_Okie
One could look at this type of measure as a sort of backward tax increase. By abetting shortages in developable real estate, higher prices inflate property tax revenue.

AND, a forward tax increase, afterall, who pays the 10 billion interest & principal on the 5.4 billion borrowed?

8 posted on 10/03/2006 11:53:20 AM PDT by 1Old Pro
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