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Saturday, December 09, 2017

Baltimore City Council considers tax hikes to pay for affordable housing

In a city where many struggle to make monthly rent payments, the Baltimore City Council is considering raising taxes on property sales and inheritances to provide $10 million annually for affordable housing.

City Councilman Bill Henry submitted legislation Thursday to raise the recording fee by 20 percent and and transfer taxes by 17 percent, respectively, to provide a “sustainable revenue source” for the Affordable Housing Trust Fund — a new fund created by the voters that currently has no money in it.

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6 comments:

Anonymous said...

How stupid can they get . Who is going to pay for the housing when the people move out of Baltimore except for the low or no income people? Let me see here now , this guy Bill Henry is clueless .

Anonymous said...

Bill Henry : A Democrat , an African American , A racist idiot , and has keep the blacks at the level he wants "in the gutter".

lmclain said...

They are ALWAYS looking for new "revenue streams". Making something up if necessary. They WILL NOT STOP.
Increase taxes, fines, fees, surcharges. And increase their armed security staff.
March them outside. Keep poking them in the back, hard.
Throw the rope around their neck and lift them off the ground. Increase the height.
That's the only increase we need to cheer.

lmclain said...

They are ALWAYS looking for new "revenue streams". Making something up if necessary. They WILL NOT STOP.
Increase taxes, fines, fees, surcharges. And increase their armed security staff.
March them outside. Keep poking them in the back, hard.
Throw the rope around their neck and lift them off the ground. Increase the height.
That's the only increase we need to cheer.

Anonymous said...

It's called a job and pay your own way.

Anonymous said...

Socialism is great, until you run out of other people's money...Margaret Thatcher was spot on with that comment!