Reply to “Mansion tax” to be introduced by Grosso in DC for homes worth over $1million

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My house probably appraises for over a million now, although I paid about half that.

I'd support this. It's only an incremental tax and there's so much more we could be doing to make DC better.[/quote]

Absolutely, and I own more than one home in DC appraised at over a million.[/quote]

Are you under the impression that DC has a budget shortfall?  [/quote]

The issue I have with the tax is the city's inability to have financial transparency and use funds in a fiscally responsible manner.   I do not need to agree with all of the spending - but the gross overrun of projects like Ellington where no one cared is an issue.[/quote]

I agree that Ellington was a disgusting mess, so I’d be happy to vote out the crooks that allowed that.  At the same time tger are so many good things we could be doing that would pay dividends as a society.[/quote]

But that's the point - the city already has significant budget surpluses, and would have more with even minimal management of projects like Ellington.  So an additional tax is not required to fund many of the projects that would help.

The process shouldn't start with, "tax these people because they can afford it," it should start with "we want to XYZ, can we pay for it with existing revenues?"  If the answer is no, then you move onto the question of tax increases (among other things).

I don't object in principle to taxes on million dollar homes; I object to the unthinking efforts to raise taxes just 'cause.  [/quote]

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