Reply to MoCo tax revenues sharply down

Forum Index » Metropolitan DC Local Politics

Reply to "MoCo tax revenues sharply down"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It looks like another round of big tax hikes are coming.

https://x.com/adampagnucco/status/1998054101116977546?s=42[/quote]

If revenues are down, what other alternative is there BUT to raise taxes, idiot?  :roll:

Typical maga - trying to take an obvious scenario and twist it around not some political talking point. What a dummy. [/quote]

Revenue isn’t going down. It’s just not going up as fast as forecast. The property valuation bubble is deflating and the council has exempted a bunch of properties from taxes over the past few years. If values are going down and new construction is paying $0, then you won’t collect as much revenue as you expected. But revenue is still expected to grow. [/quote]

The bottom line is that revenue isn’t keeping up with spending.  Hence the prediction that another round of tax hikes is coming. [/quote]

That may possibly be the bottom line, but I can go lower.  I would go so far as to say that it isn't that revenue isn't keeping up with spending, but that they keep spending money on things we don't want, so we don't vote to pay for it.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics