Friday, May 13, 2011

Something to Vote For

Garages and surface lots throughout the city have been running a campaign that blames the high cost of parking on a 20% tax, asking voters to vote to lower it to 15%. These cretins have even created a Facebook page dedicated to their "plight". 

Don't be fooled. If anyone believes the price of parking will go down if taxes do, you're wrong. Surface lots in particular, have nearly no overhead. This means that after taxes your parking fee is nearly 100% profit.

Several garages throughout Center City charge as little as $5 a day. Lots that charge as much as $25 a day don't do so because they have to, they do so because you're willing to pay.
20% is a tax break compared to most major cities.

Lowering corporate taxes only means more profit. It means nothing to the consumer and never has. The only way to lower the cost of parking is to utilize our public transportation, convenient taxis, or to be a savvy consumer and seek out the competition.

Giving these slumlords a tax break will only encourage them to pave over more of Philadelphia until there's no reason left to park here. Ever been to downtown Houston? Do you really want to encourage more of this?

1 comment:

  1. Preach on, brotha. The profitability of surface lots in this city is the reason the Disney Hole and others like it still live... The owners of those lots are reliant on them as a source of steady income.