"Streetcar taxes for South Lake Union landowners may rise"
South Lake Union property owners may have to pay more in taxes than they expected to fund the streetcar line scheduled to open late next year.A number of South Lake Union property owners are outraged. No word yet from Paul Allen. Posted by Stefan Sharkansky at March 14, 2006 09:51 AM | Email ThisBecause a federal grant did not come through, Seattle City Councilman Peter Steinbrueck is proposing to add $3 million to the $25 million in taxes the neighborhood's landowners already agreed to pay.
Seattle is bound and determined to explore the far right side of the Laffer Curve.
Posted by: JCM on March 14, 2006 10:04 AMEvery time you turn around someone has another Utopian scheme and another tax. And there's no shortage of Goldstein progressives to rationalize and justify every tax and boondoggle.
Good luck with that, please try not to bankrupt the whole state.
Posted by: Jeff B. on March 14, 2006 10:10 AMThey want to expand the long arm of Sound Transit by telling you that the only way increase capacity of the roads is you have to pay for both Sound Transit and a multi-billion dollar road projects.
And I can give you one guarantee. The road projects that are most important to you and me are the ones that won't be funded.
While I am at it, I will give one more guarantee. The local newspapers will lavish all sorts of good press on these bandits.
Posted by: swatter on March 14, 2006 10:26 AMAs Jeanne Kirkpatrick so famously said, socialism fails when it runs out of other people's money to spend. They aren't close yet.
That's what worries me about this Rube Goldberg scheme to fund "transportation." I put the word in parenthesis because when you're talking about transportation taxes, you're taxing SOVs. If you're spending those same dollars, you're talking about "alternatives," which means anything but SOV lanes. You agree to the transit portion of the package and the roads portion, or you get neither.
So...in order to get last year's tax increase on the ballot, the spending was weighted inordinately toward Seattle's benefit (viaduct, 520, transit) and toward "safety" projects. They're managing to spend the majority of the money on projects that will not add capacity. Transit spending will not add SOV capacity. Viaduct spending will not add SOV capacity. 520 may add a carpool lane. Bike lanes will not add SOV capacity. Critter crossings will not add SOV capacity.
So, Seattle/RAT politicians have pulled off an amazing feat. They're taxing SOVs for the primary benefit of non-SOV purposes. Even the majority of road dollars spent will add no capacity.
All of that for this question...once Seattle has the viaduct and 520 in place, plus more Sound Transit projects, will it be possible ever again to get Seattle to agree to road construction? After all, they'll have theirs, and my sense is that's all they care about.
Posted by: South County on March 14, 2006 12:24 PMSouth Snohomish County got behind and are still behind.
Posted by: swatter on March 14, 2006 01:35 PMSounds good to me! Why should the rest of the city have to pay for this S.L.U.T.?
Posted by: Mickymse on March 14, 2006 02:36 PMHow many millions do streetcars cost?
Posted by: sgmmac on March 14, 2006 04:05 PM