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Metropolitan DC Local Politics
Reply to "Legit, but dumb question about MoCo (property values & housing)"
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[quote=Anonymous][quote=Anonymous] But I'm not buying "unattractive rich people" will cause the tax revenue to collapse argument. [/quote] You can argue with the word "collapse" but not with the thesis. Less wealth per capita (esp. compared to competitor jurisdictions) = smaller tax base = need to cut services & raise taxes to balance budget. That's just sort of an immutable law of the local government universe. It is what it is regardless of whether you like it or not. [/quote]
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