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Loudoun is a relatively small county, and the richest people live in the rural area that does not want to get taxed for the metro line. So, they create a special tax district. Well done uberrich.

The special tax district is actually a very efficient and fair way to pay for the Silver Line. The folks paying the special tax will still come out ahead because their property will increase in value substantially more than they will pay in special taxes. The special tax is a way of re-distributing the windfall gain that a small number of property owners will get from the Silver Line.

Not only is it more equitable to re-distribute windfall gains through a special tax, it increases support for future projects. The opposite case can be seen with the Purple Line. In that case, MD wants to fund the line with a gas tax that will affect everyone while only property owners near the stations will see a monetary benefit from the line. So, of course, the gas tax doesn't get implemented and there's no purple line.

by Falls Church on Jun 22, 2012 9:50 am • link • report

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