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[quote=Anonymous][quote=Anonymous]DP.

Tax cuts that disproportionately benefit the wealthy are nearly always a regressive fool's game.  There are specific, limited-time situations in which they might provide a wide benefit, but legislation almost always is construed such that we get less targeted and longer term cuts than would be of social benefit.

Taxes can move population on the margin, but there are plenty of very wealthy individuals continuing to reside in high-tax jurisdictions, from NYC to California, even after retirement takes the job market out of the equation.  That's just the US.

What keeps them there is the community and lifestyle, if that is reasonably stable.  That's where MoCo should be aiming, instesd of the kinds of changes envisioned for closer-in detached SFH communities in Thrive and other efforts, applying to broader areas of development and changes to whole communities.

Better would be incentivising development of existing but underutilized zoning capacity in the more targeted hubs (e.g., downtown SS -- as previously defined, not with the recent unnecessary coopting of nearby residential blocks) and spot variances (with community input for architecture, amenities, mixed-use, etc.) to zoning where it hasn't yet been well deployed (e.g., Glenmont) in the immediate vicinity (1/4 mile) of separated/rapid rail (Metro/MARC, not BRT or the Purple Line, which will operate more like bus service).  The idea from the left that the Thrive-type development will be a net positive is about as bankrupt as the idea from the right that we need tax cuts to keep from losing the tax base.[/quote]

The only long-term tax cuts that Montgomery County has given out have been for developers, and I have to agree with you on the lack of broad benefit. [/quote]

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