[summersm343]

Originally Posted by William Van Alen

I think Levy's idea is more about shifting the burden of commercial taxes towards property instead of businesses/wages. Not sure if he's into increasing property taxes for homeowners as much. Don't quote me on that, but I believe that's his stance. The idea being that property taxes typically get passed through to commercial tenants anyway and that our office rents are already quite low so a national tenant wouldn't be turned away by a few more dollars in rent in an already cheap market, but they likely are turning away from having to pay what they see as "extra" taxes to the city.

If home taxes were increased, I would bet Levy would say that increasing them is only a good thing so long as city wage taxes are decreasing in equal proportion.

Correct. Thank you