It's possible that district tax laws may change to facilitate business investment. There is a lot of RE that's going to be up for grabs in nice central areas where many empty office buildings are. I really don't think anyone knows what's going to happen, it's all opinions. Some have doom and gloom opinions that the city will be entirely abandoned. Others are more optimistic with the city getting a different outlook on future. Nobody knows.

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Anonymous wrote:No federal income tax! Watch the real estate prices go crazy!

Why would any R members of Congress vote to eliminate taxes in a city that voted 92 percent for Harris? Not only is this terrible policy (in part because it would guarantee huge rent increases and drive home prices way up), it’s also bad politics. Not happening.

How long do you think it would remain that way? The Republicans cou,d point to DC and say look what happens when you remove Income tax.

As for bad policy please you think they care?

I just don’t think there’s any political incentive for Republican lawmakers to vote to give all of us massive tax cuts. Washington is the enemy.

The incentive is that their rich pals could snap up homes and not pay taxes. While probably pushing current residents out.

Yes but how would they defend giving tax cuts to liberal Washingtonians in the first place? Again, think about how unpopular we, the people who live here, are to most Republican House primary voters around the country. There’s no way they will vote to do this.

Easily. They would say look at the “hell hole” Washington DC is now. We remove the burden on income tax, limit local taxes and remove the consumer protections laws, DC will be turned in to Monaco. Plus all the staff, senators and representatives living in DC will not have to pay taxes.

Apartments will be turned in to condos, vacant office buildings with be either converted to condos or used as headquarters. It will be great!

Then they would post nice cherry blossom photos of DC and cherry picked stats on X and say, see we did that! And MAGA would believe them.

They certainly can, but you can't fool the foreigners coming here. Newsome had to work a little bit harder when hosting Chinese leadership to make SF presentable than posting a few pics of Golden Gate Bridge

They only want to control the local police. Everything else is just maga empty wishing.

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The incentive is that their rich pals could snap up homes and not pay taxes. While probably pushing current residents out.

No one is pushed unless they sell.

People are pushed when rising property values increase their property taxes, and they cant afford it anymore.

Most people would easily afford rising property taxes if they no longer owed any federal income taxes, though.

We are mostly talking about fixed income elderly people.

They still owe taxes on their Social Security payments unless they get no other income at all — in which case they almost certainly also qualify for several D.C. government property tax abatements for low income long-term owners.

This is totally irrelevant, because Congress will never abolish federal income tax for a city that voted 92 percent for Harris and has a lot of highly educated professionals, including a lot of federal workers.

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Anonymous wrote:No federal income tax! Watch the real estate prices go crazy!

Why would any R members of Congress vote to eliminate taxes in a city that voted 92 percent for Harris? Not only is this terrible policy (in part because it would guarantee huge rent increases and drive home prices way up), it’s also bad politics. Not happening.

How long do you think it would remain that way? The Republicans cou,d point to DC and say look what happens when you remove Income tax.

As for bad policy please you think they care?

I just don’t think there’s any political incentive for Republican lawmakers to vote to give all of us massive tax cuts. Washington is the enemy.

The incentive is that their rich pals could snap up homes and not pay taxes. While probably pushing current residents out.

Yes but how would they defend giving tax cuts to liberal Washingtonians in the first place? Again, think about how unpopular we, the people who live here, are to most Republican House primary voters around the country. There’s no way they will vote to do this.

Easily. They would say look at the “hell hole” Washington DC is now. We remove the burden on income tax, limit local taxes and remove the consumer protections laws, DC will be turned in to Monaco. Plus all the staff, senators and representatives living in DC will not have to pay taxes.

Apartments will be turned in to condos, vacant office buildings with be either converted to condos or used as headquarters. It will be great!

Then they would post nice cherry blossom photos of DC and cherry picked stats on X and say, see we did that! And MAGA would believe them.