He said it in a New York Times article back in 2006.
“There’s class warfare, all right,” Mr. Buffett said, “but it’s my class, the rich class, that’s making war, and we’re winning.”
That was sixteen years ago, and he was talking about income tax in the United States, but it could have been yesterday in El Paso, talking about property taxes.
Why do El Paso’s “philanthropists” get breaks on their property taxes?
City Council granted Woody Hunt’s WestStar Tower in Hunt Plaza, in downtown El Paso, a $15.2 million tax break when it was built. Now, Paul Foster’s Kress Building renovation will get property tax, sales tax, and use tax rebates for 20 years.
Somebody has to pay the taxes that those billionaires aren’t paying. Someone has to pay for public safety, and maintaining the infrastructure, and servicing the debt that years of poor management has saddled the City with.
Is making downtown El Paso a playground for the rich a legitimate function of city government? Or should we trust the free market to prioritize our needs?
Are you getting any tax relief? Or are your taxes going up every year?