* I wrote about this yesterday in the Capitol Fax, and the Daily Herald picked it up today…
As the clock ticks closer toward a transit “doomsday,” officials are backing away from a sales tax hike and opening up to ideas like a property tax on parking spaces.
* More…
“People would pay a certain amount of money based on how many parking spaces they had on their property whether it’s free parking or sold parking. That’s very cumbersome to try to collect, but it is being bounced around,” [said Sen. John Cullerton.]
As I told subscribers, the plan was floated this week by John Filan, the governor’s budget guru. Filan claimed the tax surcharge would be levied on commercial parking spaces only (both free and paid). Residential parking would supposedly be exempted.
Question: What do you think of this one? Also, do you think it’s preferable to a regional sales tax hike of a quarter point? Explain.