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"True enough, the ability to hand out subsidies gives officials great power. But it also gives them a reason, and incentive, to dismiss the common sense that if tax breaks for the well-connected are a good idea, lower tax rates across the board would lead to broad-based redevelopment."
On a related note, Councilman Bill Cole sent this email out on June 16th:
"As you may have read in the Sun recently, I have been working to find a way to pay for the 2 cent property tax decrease that had been promised to Baltimore residents for 2008. Although I do support Mayor Dixon in her work to move Baltimore forward and I respect her safety, green, and clean initiatives, I cannot support her decision to postpone the planned two-cent property tax decrease this year. After a careful analysis of the proposed city budget, I determined that we could make specific budget cuts that would allow us to keep the promised property tax reduction without affecting city services.Excluding the comments about Dixon, this is a good email. I don't think I have ever read an email from a city official that mentioned "budget cuts". Jim Kraft was the other councilman who joined Bill Cole in supporting the tax cutting related amendment by the way. I really hope this new committee comes up with some tax cutting ideas and moves forward in implementing them. I hope the process is not a sham like the blue ribbon panel ended up being (the members of that panel may have had good intentions but I feel the Mayor used it for an election year stunt). Since Bill Cole is in charge (and not Jack Young) I have confidence that something new and productive actually may come out of this.
After conversations with my Council colleagues, the Administration, and the Council President, it was abundantly clear that there would not be 8 votes to support my amendment to reduce the tax rate. In fact, the only amendment to the budget related to a tax cut garnered two votes, one of which was mine.
Recognizing that we will have a critical problem in this City if we do not immediately address the burdensome property tax rate, Council President Stephanie Rawlings-Blake announced today the creation of a Council Committee on Property Tax Reduction. I will be chairing this new committee which will also include the Chair of the Budget Committee, Jack Young, and the Chair of the Taxation Committee, Helen Holton."