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Larry, what does supply side economics have to do with this? That is a canard. This isn’t about generating more tax it’s about driving development to get more housing product to deal with an alleged housing shortage. The more people whine about “rich developers,” the less effect anyone will have in eliminating these tax programs. The real problem with these is that they lead to over building and ugly buildings.

From: Olympia is planning to shift more taxes from wealthy developers to everyone else

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