city charter

Stop the Charter Amendment!

AustinContrarian  Sat, 08/23/2008 - 2:58pm

I don't like the Domain incentives, either.  I don't like subsidies for retail.  (But then I don't like subsidies for manufacturing plants or call centers or corporate offices, either.)

True, the city needs to maintain its tax base.  But rebating the taxes from a new development is a piss-poor strategy for maintaining the tax base.  Besides being self-defeating, it forces the rest of us to pay (even if just slightly) higher taxes, potentially displaces other prospective retailers, and encourages prospective retailers to engage in rent-seeking.