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Can a $2 million parcel tax protect $16 Billion of property value?
Original post made
by Nomad, Downtown,
on Mar 1, 2011
The Pleasanton Educated Voter Coalition is doing the math behind the parcel tax. Given top-level claims of Measure E supporters that this parcel tax protects property values, the question we ask is, how can 2 million dollars in new taxes protect 16 BILLION in residential property values? Web Link
If each student in Pleasanton receives an additional two hours of teacher attention each year (do the math), will that really protect $16 Billion?
We don't think so. Don't fall for such economic dishonesty.