This is why...
"Think about all the strategies employed to stop the retail “leakage” to Durham, Chatham and Alamance counties. A lot of that is aimed at capturing sales taxes. But if sales taxes are no longer allocated based on point of sale, would it still make sense to worry so much about people spending money on the other side of the county line? Would the tradeoffs of big retail developments make as much sense? Would residential housing and non-retail commercial space suddenly make more sense?
And, maybe most important of all, if there’s no longer a battle over capturing sales taxes, would we see less jurisdictional competition and more cooperation between neighbors?"
Sunday, March 29, 2015
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment