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Metropolitan DC Local Politics
Reply to "DC Going to Hell in a Handbasket"
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[quote=Anonymous]Real Property taxes. The higher the home value the more the tax bill and therefore the more revenue into the coffers of the govt. Thus is why gentrification will always be valued by a city. Same goes with sales tax. The more expensive the food, goods and services the higher the sales tax revenue. It’s called economic progress, and it’s the way of life and success. There are always a few dying cities around, so if you like regression or stagnation, then move there. [/quote]
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