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Roughneck · 11-29-2019, 07:47 PM

Council voted on the tax shift of residential - non-residential to 52-48 (from 49-51) to help reduce the tax burden on businesses next year

https://twitter.com/user/status/1200580595115610112

https://twitter.com/user/status/1200580888276459520

A no-win situation really, but for the best they did it, IMO. Homeowners were subsidized by a booming downtown core of office space for a long time, this will be the new normal. Businesses got hit hardest last year, homeowners will be hit harder this year, but the large residential pool can better spread out the impacts of the shift.

11-29-2019, 07:47 PM	#279
Roughneck #1 Goaltender Join Date: Nov 2005 Location: the middle Exp:	Council voted on the tax shift of residential - non-residential to 52-48 (from 49-51) to help reduce the tax burden on businesses next year https://twitter.com/user/status/1200580595115610112 https://twitter.com/user/status/1200580888276459520 A no-win situation really, but for the best they did it, IMO. Homeowners were subsidized by a booming downtown core of office space for a long time, this will be the new normal. Businesses got hit hardest last year, homeowners will be hit harder this year, but the large residential pool can better spread out the impacts of the shift.