Submitted by twentiesforever t3_10wm8vs in vermont
Commercial_Case_7475 t1_j7qrhr7 wrote
Reply to comment by mattgm1995 in How Can We The Increase Affordable Housing Supply? Ideas? by twentiesforever
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
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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