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Metropolitan DC Local Politics
Reply to "Why does Montgomery County Subsidize Taxes for Country Clubs?"
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[quote=Anonymous]The wealthy club owners can by far afford to pay the fair market tax price. It will be pass thru to annual dues. However, country clubs are going the way of the do-do bird. Many are struggling to get and keep members. Golf is dropping in popularity every year as its demographic dies off. Families are over-stretched on expenses, activities, and vacations to make country club membership a worth the expense. Companies are trimming back on perks, like club membership. The new generation of leaders don't network in country clubs. They network on social media, in Tulum, or at TED-style "thought leadership" conferences. Frankly, even without a tax increase, I don't give MoCo country clubs more than 20-25 years before financial pressures force them to consolidate and sell.[/quote]
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