Please disable your Ad Blocker to better interact with this website.

More Common Sense from The Examiner

Crossposted on The Main Adversary

From today’s Baltimore Examiner editorial

Unless the city wants to waste time patching more “loopholes,” it should stop the cycle that got it into this position in the first place. The only way to do that is to cut property taxes in half or more to levels of surrounding counties. As nonprofits have shown, take out the tax issue, and the city is an attractive place to locate. That would drive up demand for property — and prices — and bring more young professionals into the city to work and live, and eventually own homes. That could only benefit the city treasury and city life. It would also decrease demand for state aid. With a looming $1.7 billion “structural” deficit, that would be welcome news for all Maryland taxpayers.

If only the machine politicians that run this city understood the fact that lowering property taxes creates greater tax receipts from the increase in businesses and home owners. Alas that would be like convincing the medieval Church that the sun did not revolve around the earth.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please hover over that comment, click the ∨ icon, and mark it as spam. Thank you for partnering with us to maintain fruitful conversation.

Send this to friend