This is pretty funny. Because as everyone knows there is just such a boom on building right now. Holy cow, yeah let's stop any kind of tax paying companies from coming in. Just keep raising my property value and tax that instead. Heck I must be a Bazillionair. We must all be, or why would they want to axe any income to the town. Heck look at the paving project that is planned. (May not happen now but,) Why would you now bother to do all that paving if you don't want anyone to come here and invest in the town?
Instead I think they should start charging tuition for the schools. If you can't afford it...don't have kids!