Huge Commercial Project in West Alton

Biggd · 03-12-2024, 11:25 AM

Quote:

Originally Posted by TiltonBB

Housing for the wealthy?

Generally, by the time people have achieved significant wealth they are older and beyond their child bearing years. Not always, but more often than not.

If they build a home and pay taxes their burden on the town is small and their financial contribution is larger than any services they require. They also patronize local businesses and their dollars help the local economy.

How will it improve your life? Your taxes will be lower and there will be more viable businesses for you to spend your money at.

I agree with everything you just posted except, "your taxes will be lower". That almost never happens!

John Mercier · 03-12-2024, 12:07 PM

If the voters (citizens) decide to spend the same amount during the budget project, then an increase in value of property other than your own, should defer taxes to that improved property.

But none of these proposals are exactly the same...
And the wealthy being marketed to are not retirees.

I have some designs out for some... and the youngest in their late 20s.
Tech entrepreneur.

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The Following 3 Users Say Thank You to Biggd For This Useful Post:
Little Bear (03-12-2024), TiltonBB (03-13-2024), TomC (03-12-2024)

03-12-2024, 12:07 PM	#2
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,987 Thanks: 3 Thanked 680 Times in 562 Posts	If the voters (citizens) decide to spend the same amount during the budget project, then an increase in value of property other than your own, should defer taxes to that improved property. But none of these proposals are exactly the same... And the wealthy being marketed to are not retirees. I have some designs out for some... and the youngest in their late 20s. Tech entrepreneur.