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Re: When Half of NYC's Tax Base Leaves and Never Comes Back 

By: ribit in 6TH POPE | Recommend this post (1)
Fri, 21 Aug 20 6:23 PM | 18 view(s)
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Msg. 05073 of 60014
(This msg. is a reply to 05062 by Beldin)

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...yer right.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Re: When Half of NYC's Tax Base Leaves and Never Comes Back
By: Beldin
in 6TH POPE
Fri, 21 Aug 20 5:20 PM
Msg. 05062 of 60014

Not necessarily true, yer majesty. Take Detroit for example. Residents left Detroit in droves, and they wanted out so badly that they simply abandoned their property to the City of Detroit. Nobody else wanted it, anyway, so it was worthless and they didn't want to be on the hook for property taxes and insurance. The City of Detroit had SO much abandoned, derelict property on its hands that they deannexed whole areas that were formerly within the city limits. They shrunk the size of the city because they didn't want to have to deal with it, anymore, either! So much for the idea of an ever-increasing property tax base, eh? 


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