Monday, February 27, 2023

Vacancy Tax: letter to the editor


The vacancy tax plus the 1% increase in property tax are like trying to untie the Gordian Knot. You'll only get rope burn.

Don't untie a Gordian Knot. Use a big fat machete.

When I moved back to Aspen in 1991 from NYC my income dropped by 1/3+ but my net remained the same. Why? NYC has an income tax. Make an income tax for anyone claiming Aspen as a primary residence with a yearly income one thousand times+ the Colorado minimum wage. No Trumpian taxobatics allowed- tax the gross.  That should cool some real estate and renovation jets for a bit. Then do your Robin Hood $55 food tax rebate thing and redistribute on a larger scale - to the residents who don't make $3mill a year. 



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