@bryankitch it could operate as a slight transfer tax at time of sale, to maintain the virtue of stable housing.
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Replying to @kimmaicutler
@kimmaicutler I guess I'd have to have a better understanding of implications to respond meaningfully to that idea2 replies 0 retweets 0 likes -
Replying to @bryankitch
@bryankitch but it's bad law that has severely distorted financing of public services, the relationship of city and state governance.1 reply 0 retweets 2 likes -
Replying to @kimmaicutler
@kimmaicutler that seems more like an opinion ;)5 replies 0 retweets 0 likes -
Replying to @bryankitch
@bryankitch cities today are far more dependent on fees, which are regressive.1 reply 0 retweets 1 like -
Replying to @kimmaicutler
@kimmaicutler obviously, you have much more background knowledge in this area, but does this not have more to do with funding structure...2 replies 0 retweets 0 likes -
Replying to @bryankitch
@bryankitch the proposition changed the entire funding structure of the state.1 reply 0 retweets 5 likes -
Replying to @kimmaicutler
@kimmaicutler by transferring allocation of property tax to the state. But that is not the sole source of state funds...?2 replies 0 retweets 0 likes -
Replying to @bryankitch
@bryankitch and what that means is that we have to drastically cut jobs, services, every time we enter a recession.1 reply 0 retweets 1 like -
Replying to @kimmaicutler
@kimmaicutler that couldn't possibly be linked to other budget/financial policy decisions, in your opinion?1 reply 0 retweets 0 likes
@bryankitch of course it is, but if you cut property tax revenues by 54% in a single year and then change the entire mix going forward....
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Replying to @kimmaicutler
@kimmaicutler are we talking about 54% in 1978? What was the impact in terms of overall % state revenue at that time?1 reply 0 retweets 1 like -
Replying to @bryankitch
@bryankitch in 1978, property tax revenue. Not sure.1 reply 0 retweets 1 like - 3 more replies
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