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Letter to the editor: Our city plans to allow major commerci

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Manager
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Joined: 28 May 2018
Posts: 75
Re: Letter to the editor: Our city plans to allow major commerci  [#permalink]

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New post 11 Oct 2018, 02:29
1
Probus - Please see if my reasoning can help you
Quote:
Providing enough roads or public transportation to the area would cost far more than the city could gain from the increased tax revenue
To overcome this financial problem, we are considering additional option i.e toll system as stated in A.
Quote:
(A) Funding construction of new roads to the waterfront with a system of tolls on the new roads to the waterfront.
We can't consider that poor people will not go to commercial places etc due to high toll prices which will lead to decrease in tax revenue . We don't know these numbers. Maybe they are less or maybe more So we can't consider this.

Similar with option C.
Quote:
(C) Giving tax breaks to developers of businesses along the waterfront to offset any tax levied on them for construction of roads or public recreation

We don't know what might happen in long term but we know that if we give tax breaks to the developers, we are hurting the plan of increasing tax revenue.
Intern
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Joined: 25 Aug 2018
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Re: Letter to the editor: Our city plans to allow major commerci  [#permalink]

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New post 11 Oct 2018, 08:57
Since the question asks which of the following will help to solve the problem which is related to the cost of construction of roads , option A will definitely help by increasing the revenue generated from toll tax.

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Re: Letter to the editor: Our city plans to allow major commerci   [#permalink] 11 Oct 2018, 08:57

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