4/15/09

Tea Party Intolerances

Over 300 cities are participating in the tax day "tea party" today, Salt Lake most definitely included. I am not at the protests, but I do sympathize with those that are. They feel it is unfair that their hard earned dollars are going to bail out what seems like everyone but them. They believe the tax debt is so high it will ruin America. I understand how you feel. I bought my house a little too late and didn't get a tax credit. I don't get any bail out, despite a hard economic downturn, either. However, this bail out, however unfair it may seem, is necessary. I say this with an understanding that the new $6000 tax incentive for buyers of new homes does absolutely nothing to help strengthen many of the old downtown neighborhoods which I tend to work in as a real estate broker. It encourages urban sprawl, yes. It encourages home buyers to go further away from our historic downtown neighborhoods, too. This is true. But something had to be done and this is at least somewhat of a solution. The real estate market affects over 60% of our economy whether through direct sales or jobs related to the sales, etc. Not everyone can be satisfied in one solution. We are in trouble as a nation and we need to do something. We need to get this economy moving again with incentives and programs to move us in the right direction.

1 comment:

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