Comment 116626

By Wonder (anonymous) | Posted February 25, 2016 at 12:34:41

While I wholeheartedly agree with Nicholas' assessment here, I wonder if the City raising downtown parking rates could have the perverse side-effect of slowing development by allowing private lot owners to charge more too? After all, we've already seen buildings get torn down to become parking lots in the last few years. Anything that might spur that trend could be dangerous (as everything from aesthetics to tax revenue could be impacted).
What I believe is needed, although I'm not sure if it would be legal to implement, is a simple flat tax on all parking spots, public, private, urban and suburban, whose revenues could be used for transit improvements and other measures to spur change.

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