Volstead Lounge
Are You Concerned?
RECEIVED Tue., Dec. 4, 2018
Dear Editor,
When will people wake up and see that our alarmingly increasing property taxes are destroying local businesses. Everyone knows about Threadgill's South having to close ... and what about Austin Java and It's About Thyme? I read that Downtown property taxes have increased approximately 175% over the last five years. That's 2.75 times the amount you previously paid. Where else do you see rampant inflation in costs other than from our local inefficient government/districts?
How many more local businesses (local citizens) are going to be run out of business before we tame this beast? We could start on a state level with school taxes and Robin Hood.
Austin is not becoming a great place to start a business unless you move to the outskirts of town or somehow get some tax abatements from our politicians. Less money in the business' pockets means less profits, less hiring, and more business closures. I am concerned; how about you?
When will people wake up and see that our alarmingly increasing property taxes are destroying local businesses. Everyone knows about Threadgill's South having to close ... and what about Austin Java and It's About Thyme? I read that Downtown property taxes have increased approximately 175% over the last five years. That's 2.75 times the amount you previously paid. Where else do you see rampant inflation in costs other than from our local inefficient government/districts?
How many more local businesses (local citizens) are going to be run out of business before we tame this beast? We could start on a state level with school taxes and Robin Hood.
Austin is not becoming a great place to start a business unless you move to the outskirts of town or somehow get some tax abatements from our politicians. Less money in the business' pockets means less profits, less hiring, and more business closures. I am concerned; how about you?
Paul Jacobson
