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@SJE: where the district "gets" it new residents is when they are young, without children, and renting. That is when it "got" me.

Such people are not considering property taxes or schools, but they do consider the cost of car ownership. When I walked up to that DCMV window for the first time, I was rendered slackjawed over the cost to get the tags for my one-year old car that I bought fresh out of school -- 6% of the book value, way more than I had in my checking account at the time. That experience was the harbinger of nearly all dealings with DC government for many years -- you can be sure they will gouge you every chance they get.

I stupidly stayed here, and now I own property and send kids to school.

The sticker shook factor is an emotional response that the economists here do not recognize. We all know that $600 is only $50/month, but the larger yearly fee is much harder to deal with than the monthly fee. That is why income taxes are pay-as-you-go.

Which brings up the next point: if increasing the RPP fee is to be used to offset other taxes, the most fair way to do this is to lower income taxes, not property taxes. You can be sure the landlords will not pas the savings on.

by goldfish on Dec 10, 2012 1:37 pm • linkreport

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