Take the Metro Tax Survey here
Cost
to bring Metrorail two miles past Dulles Airport = $1.5 billion
A
combination of these options is being considered by the Loudoun County Board of
Supervisors:
Commercial & Industrial (C&I) Tax
$0.10- $0.17 (8%-13.7% increase over $1.235 base rate)
1-Mile Rail District
$0.09- $0.20 (7.2%-16% increase over $1.235 base rate)
2-Mile Rail District
$0.09- $0.21 (7.2%-17% increase over $1.235 base rate)
Countywide Real Property Tax Increase
$0.03 property tax increase on all properties
Loudoun County Chamber of Commerce on May 23 passed a
resolution
...endorsing
the lower-end C&I tax for the County, and the higher-end 1-mile Rail tax
district rates. Partial text of their resolution is:
The Loudoun
County Chamber of Commerce supports the Loudoun County Board of Supervisors
adopting two additional real property tax levies that would generate revenues
that will be directed to fund the County’s share of the capital costs and
operations and maintenance costs associated with its obligations for the
construction of Phase 2 of the Dulles Corridor Metrorail Project. These levies
include:
1.
Creating service districts that encompass an approximate one-mile radius of
land surrounding the four proposed Metrorail stations in or near Loudoun County
(Route 28, Dulles Airport, Route 606 and Route 772 stations) and imposing up to a maximum of an
additional $.20 per $100 value tax rate on all taxable property within those
service districts, and;
2.
Imposing a Commercial and Industrial (C&I) tax levy of up to a maximum $.10
per $100 value on commercial property throughout
Loudoun County.
Problems
with these proposed taxes:
-This funding proposition amounts to asking all
businesses countywide to finance a shift of business activity to rail
stations.
-You will be told these taxes will go away
eventually. The promise was made that the Dulles Toll Road tolls would go away.
Instead DTR tolls will be soaring to new highs, as these taxes will in the
future.
-A county-wide C&I property tax will be
passed on to consumers, increasing the costs of all goods and services
purchased in Loudoun County, and driving
business out of Loudoun County.
-The
1-mile tax district will cause businesses to consider locating 1.01 miles or
more from the stations, just outside the line, reducing the projected revenues
from the tax district, while undermining the intent of transit-oriented
development to consolidate in high-density cores. Loudoun has not studied
impacts of tax districts.
-Loudoun’s
Supervisors were elected on a platform of lowering taxes and making Loudoun
attractive for new business. These proposed taxes violate both of these
principles. Loudoun’s board should Opt Out and let Fairfax and MWAA build rail
to Dulles Airport or Rt. 606. Loudoun will still benefit from increased development
without having to raise taxes to pay for it. By opting out, Loudoun can protect
Loudoun taxpayers from being the back stop/risk taker for this project.
Take the Metro Tax Survey here
An IMPLICIT TAX is: The cost of an activity that is not collected by the government but may be the result of government policy, (like giving the Toll Road to MWAA).
What is a METRO Tax
1. When
MWAA takes your toll money it is supposed to go to maintaining the Dulles Toll
Road. That is a METRO TOLL TAX. Most
of it is being rerouted to pay off loans for cash to build a train to the
airport. Most toll-payers will get nothing back for their money.
MWAA
has no taxing authority, but that hasn’t stopped them. In fact tolls are going
to soar so high, many people won’t be able to use the road they have already
paid for.
2.
Another METRO tax is the one you’ll get in a year or so to cover the cost of
bringing METRO into eastern Loudoun. That is a METRO PROPERTY TAX Despite the glitzy claims, studies show most METRO PROPERTY TAX Payers will get
nothing back for their money.
Sign onto the No Metro Tax petition:
Email Marketing You Can Trust
No comments:
Post a Comment