Showing posts with label close up business if taxes triple. Show all posts
Showing posts with label close up business if taxes triple. Show all posts

Wednesday, March 11, 2009

commentary

In my travels around the city talking to people, I ran into a guy who owns a business in the proposed annexation area. When informed that, under the present plan his taxes will TRIPLE, he simply said he would close it down and move to a different area that is less expensive. IF a lot of those businesses do the same the tax revenues there will fall off a cliff and those rosy tax projections will wind up being a disaster for us. Has anybody on the Council ever considered THIS possibility? Or is it just ANOTHER possibility that is being ignored? Dr. Mel P. Johnson