- Apr 21, 2009
And how many tax dollars do you think this development will reap from people living outside of the city? Every major city in America has benefited from urban development in some way, and residents from outside the government region have financially supported that development through increased tax revenue.Paying taxes with no vested interest. Totally different. You can choose to pay or not. You can eat in the county or spend in the county. It is a choice. Property tax is not an option. Paying the taxes on cars and real estate is non negotiable. I pay taxes when I eat in the county but I don’t chime in on how the county runs it’s affairs and trust me...the decisions that are made in the counties are by far from being perfect.
If the City of Richmond thinks they can stand alone regarding tax revenue to support the city, then so be it. Stop building anything in the city that might entice non-city residents to spend their money in the city, which increases actual tax revenue for the city. The City of Richmond government has totally hosed plans to build a new baseball stadium, to the point VCU is going to bail them out. And now, they are going to totally hose any hope for a new arena.