Re: Rail Transit
Can you please provide some link or proof there's going to be a 60% increase in property taxes? First I heard 40% though I have never seen anything resembling proof, now 60? Why do anti-rail folks need to incessantly use fear mongering?
Food for thought, has the actual property tax rate increased in the last few years or just the appraisal of property with higher figures that have resulted in higher taxes?
Again, is there something written in stone that property tax is the only way to fund for rail increase? The truth is, no one knows for certain. We can gripe about all the doom and gloom regarding the economy tanking etc, but don't forget to see the silver lining, cheaper labor rates and cheaper gas. We've already seen oil dropped below $80 a barrel. Only months ago, it was topping $150. If anything, the current downturn may actually make the 2006 AA estimate of $3.7 billion for 20 miles realistic. Look at all those car sales going on right now, it's a buyer's market, this includes construction too.
Originally posted by Creative-1
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Food for thought, has the actual property tax rate increased in the last few years or just the appraisal of property with higher figures that have resulted in higher taxes?
Again, is there something written in stone that property tax is the only way to fund for rail increase? The truth is, no one knows for certain. We can gripe about all the doom and gloom regarding the economy tanking etc, but don't forget to see the silver lining, cheaper labor rates and cheaper gas. We've already seen oil dropped below $80 a barrel. Only months ago, it was topping $150. If anything, the current downturn may actually make the 2006 AA estimate of $3.7 billion for 20 miles realistic. Look at all those car sales going on right now, it's a buyer's market, this includes construction too.
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