[RP TownTalk] Should apartments pay their fair share in taxes?
Rob Oppenheim
oppenheim at email.com
Tue Jun 5 19:46:06 UTC 2007
Apartments pay a lot less in property taxes (per family) than do single family homes.
Property taxes on houses in our town run about $1,500 per home,
and only about $280 per apartment! (This is the Riverdale Park
portion of the property taxes).
True, apartments do not get trash pickup, but they do get all the
other town services. Trash pickup is less than 15% of our budget,
so apartments get about 85% of the town's services while paying
less than 20% of the taxes.
Strangely, large apartment buildings are currently exempt from the
town's rental license fee. We should establish a per apartment
rental license fee that applies to all apartments.
If such a fee were just $10/month per apt ($120/year) that would
generate about $100,000 in revenue. I think it should be even higher.
(To be fair, the fee should be less for smaller buildings, say those
with 30 or fewer units, as smaller buildings pay proportionally more
property taxes per unit than do the larger buildings.)
There are other taxes that might be more equitable too.
Such as a utility tax (Hyattsville has one, we do not).
Rob Oppenheim
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