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One Response to “Downtown Winston-Salem – The place to live?”
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The biggest concern that I have is that business continues to move out of the downtown area. The influx and expansion of residential properties radically changes the way the tax base generates revenue. Residences will increase in taxable value at much slower rates than the amount of revenue generated by growing businesses. The city should be more focused on bringing in business and making the downtown area tax base generate income so that instead of constantly having to raise taxes and diminish services they could provide a better value for the average citizens tax dollar.