Transfer some tax dollars to the suburbs as an incentive to stop sprawling and maintina ag land
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Jason
shared this idea
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Jason
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It is great that Vancouver is committed to denser more compact living but the real consequences of sprawl are outside of Vancouver's jurisdiction. By setting up a tax incentive/transfer system at the regional level, suburbs could benefit from increased property tax revenue Vancouver realizes from increases in density/population. On the flip side the region could impose a sprawl tax for those municipalities that decide to turn green fields and agricultural land into development. This could be put into a green fund.