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04-04-2007, 06:47 AM
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#6 |
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Senior Member
Join Date: Apr 2004
Location: Lakes Region
Posts: 746
Thanks: 29
Thanked 139 Times in 89 Posts
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i don't know what genius dreamed up this plan..
...but after the Real Estate values tank, tourism declines, and businesses relocate - the tax revenues would probably stabilize right about at the same level they are currently.... Somebody who understands the interdependency of the whole economic model has to simulate the effects of this "solution" because if the Author of HB925 thinks that the answer is to take all tax receipts from "non-resident" properties and multiply by 2 - he is sorely mistaken...
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