There is no possible way that this would work. People will just sell the homes (at high prices) and leave the state. In the end, you lose high earners. Morons.
Archive: https://archive.today/TMeQr
From the post:
>Homes that sit empty throughout the year could be taxed by local governments in Colorado to help pay for affordable housing, under a new bill being proposed by state lawmakers.
House Bill 36 would allow county, city and town governments to ask voters whether to impose an excise or property tax — or both — on homes that the government deems vacant. The measure is sponsored by Reps. Elizabeth Velasco, D-Glenwood Springs, and Brianna Titone, D-Arvada.
The idea has been in the works for some time. Local governments had been pushing for a vacancy tax bill to be introduced during last year’s legislative session, but no legislation ever came forward.
There is no possible way that this would work. People will just sell the homes (at high prices) and leave the state. In the end, you lose high earners. Morons.
Archive: https://archive.today/TMeQr
From the post:
>>Homes that sit empty throughout the year could be taxed by local governments in Colorado to help pay for affordable housing, under a new bill being proposed by state lawmakers.
House Bill 36 would allow county, city and town governments to ask voters whether to impose an excise or property tax — or both — on homes that the government deems vacant. The measure is sponsored by Reps. Elizabeth Velasco, D-Glenwood Springs, and Brianna Titone, D-Arvada.
The idea has been in the works for some time. Local governments had been pushing for a vacancy tax bill to be introduced during last year’s legislative session, but no legislation ever came forward.
