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Metropolitan DC Local Politics
Reply to "VA Constitutional amendments? "
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[quote=Anonymous]I'm planning to vote no on the flooding one. The kinds of things they want to give tax breaks for now are things that responsible builders/homeowners should have already done. And I don't think the cost of shoring up those beach houses should be born by people who probably have significantly less wealth than the people who own those beach houses. It's a measure backed by the real estate industry so people won't be discouraged from building/buying in flood-prone areas, which seems foolish to me. I'm more inclined to vote yes on the military spouse amendment. When I try to think of who might benefit from that amendment, I'm envisioning a surviving spouse who, after the disabled spouse has died, might decide to sell their existing house and move to something less expensive and more manageable for them, which wasn't feasible while their spouse was alive (e.g., disabled spouse needed wheelchair accessibility of other housing accommodations). Disability tends to have a major impact on military families financially, and spouses often have to stop working or dramatically cut back on work in order to care for their spouses. Allowing them to transfer their property tax exemption to that smaller/less expensive home seems like a small thing to give them. Plus, if that would be the dominant trend, it could actually help tax revenue by allowing people to more their tax-exempt status to a lower-value (and thus lower-taxed) property while selling higher-value home to someone who will pay full property taxes on it.[/quote]
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