Just what the doctor ordered: a tax increase?
I found this little gem this afternoon on the Broomfield Enterprise website about how the managers of the Broomfield Event Center want to eliminate ticket fees and raise the sales tax in the Arista development to a whopping 9.25%!
They are kidding right??? Please! Someone tell me they’re joking!
9.25%??? 9.25%???
When the economy is “bad” as so many claim (try to find parking in Boulder at the 29th St Mall today and I’ve decided it can’t be that bad) the last thing you should do is raise prices!!
This will likely hurt businesses in the Arista development because the tax increase will encourage shoppers to go elsewhere, especially on more expensive items. If I were a business owner in Arista I’d be furious, not to mention the fact that the whole emphasis behind Arista is that you can have your small business and living quarters in the exact same building! And obviously from a Realtor’s perspective I would fear that this would discourage folks from purchasing property in that area and encourage them to do it in a lower tax area where they’ll get more business.
Managers are pushing for the tax increase because they believe the current fees that are now charged, to ticket holders, are driving away events. The current fee of $5 is used to help pay for the parking structure. And, according to the article, this would not prohibit fees from being added on in the future.
So instead of having the people who USE the Broomfield Event Center pay for the parking garage you’ll have people who are simply shopping in that area pay for it. Gee, that makes sense.
photo credit: nalilo
Beth Skinner is a real estate professional who actually returns phone calls and emails! Click here to search the MLS for your dream home.
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