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NEW STORY // Ferguson Ignites Revenue Battle with State Democrats, Threatening Veto

via @urbanistorg // đź”— https://www.theurbanist.org/2025/04/03/ferguson-ignites-revenue-battle-with-state-democrats/?feed_id=5747&_unique_id=67eedfae7b7ee

Neil E. Hodges reshared this.

in reply to The Urbanist

"Ferguson announced Tuesday he would veto any budget that included a wealth tax."
What a fucking asshole.
in reply to The Urbanist

His argument that we should not stake the future of the budget on a legally unproven tax, while leaving the door open to implementing said tax up to 100 million per year, as a test case, seems reasonable.

Personally, I would consider making up the deficit entirely with property tax, preferably weighted more towards lot valuation than improvements.

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