Re: Rail Transit
joshuatree, if we should consider the property tax generated by Ala Moana center (and elsewhere along the rail system, I presume), then we should consider using those property taxes to pay for the rail system rather than deriving all locally-generated rail construction funds from the general excise tax, which is the most regressive tax available. Otherwise, considering those property taxes in the context of a discussion on rail transit is meaningless.
joshuatree, if we should consider the property tax generated by Ala Moana center (and elsewhere along the rail system, I presume), then we should consider using those property taxes to pay for the rail system rather than deriving all locally-generated rail construction funds from the general excise tax, which is the most regressive tax available. Otherwise, considering those property taxes in the context of a discussion on rail transit is meaningless.
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