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Message
re: ascension to bring $30 MM property tax to vote (recreation)
Posted on 6/20/14 at 8:28 am to BottomlandBrew
Posted on 6/20/14 at 8:28 am to BottomlandBrew
The argument is not old, raise the parish sales tax which would affect all equally. Property taxes go after targeted groups, fact, period.
And just to humor your assertion. Commercial leases typically have 5 years contracts, larger entities might have 10-15. The property owner (landlord) cannot pass on the raise to the tenant.
And just to humor your assertion. Commercial leases typically have 5 years contracts, larger entities might have 10-15. The property owner (landlord) cannot pass on the raise to the tenant.
This post was edited on 6/20/14 at 8:31 am
4
Posted on 6/20/14 at 8:29 am to H.M. Murdock
When this country was founded, only property owners could vote because the only taxes were property taxes and import/export tariffs.
Posted on 6/20/14 at 8:33 am to H.M. Murdock
This stand to benefit the rich and poor. Everyone has kids, and if we can attract a few random tournaments that will bring millions into the local economy, the rich profit.
Posted on 6/20/14 at 8:33 am to H.M. Murdock
quote:
And just to humor your assertion. Commercial leases typically have 5 years contracts, larger entities might have 10-15. The property owner (landlord) cannot pass on the raise to the tenant.
It's called a tax-escalation clause.
Posted on 6/20/14 at 9:29 pm to H.M. Murdock
quote:
And just to humor your assertion. Commercial leases typically have 5 years contracts, larger entities might have 10-15. The property owner (landlord) cannot pass on the raise to the tenant.
Most commercial leases in the suburbs are triple net. Meaning, the lessee is responsible for the net property tax.
Further, residential leases are generally for a yaer, meaning, the cost will be quickly passed on
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