Hacker News new | past | comments | ask | show | jobs | submit login

Tax caps are the lesser evil. Without them, time and time again, city management has shown irresponsibility.

The proposed modification, to a per-person cap, solves your complaint about new people moving to the area. If the cap is $4,000 per person and there are 40,000 people, the budget is $160,000,000. If another 10,000 people show up, for a total of 50,000, then the budget rises to $200,000,000. Each landowner pays their portion of the resulting budget according to land value.




That wasn't a complaint about the per person cap. It was a response to

> Basing the budget on real estate value makes two incorrect assumptions ...

My challenge to the per person cap is that

1) All prices in an area go up when property values go up. This means the per person cost of city services goes up.

2) It's a solution lacking a problem. Where's the benefit of a per person cap?




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: