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mattgm1995 t1_j7qp8le wrote

Reply to comment by Commercial_Case_7475 in How Can We The Increase Affordable Housing Supply? Ideas? by twentiesforever

Let’s take Waitsfield. The schools are floated almost wholly by second home owners, the businesses as well. What do you tell a town like that? No one is stopping Vermonters from building factories in parts of the state and creating jobs

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Commercial_Case_7475 t1_j7qrhr7 wrote

The resulting tax situation would be either the same or better in terms of revenue because some portion of the second homes would simply foot the bill for higher taxes while others would free up homes for locals. I for one will not be grateful to my rich, vacation home overlords. Fuck that

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mattgm1995 t1_j7qvvlw wrote

How would the tax situation be better? The same number of homes would be taxed at a lower rate, also assuming they sold the vacation homes and left you’d lose a shit ton in vts 9% meals tax and 10% alcohol tax, not to mention gas tax.

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GreenPL8 t1_j7rmkik wrote

Primary homeowners pay taxes too.

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mattgm1995 t1_j7rn94a wrote

Of course! Just 1) at a lower rate and 2) ski towns, for instance, 2nd homeowners pay a significant amount of a local or regional schools budget

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