Property tax drop just one problem

Regarding the Oct. 3 editorial, “Horizon offers exciting future at Paine Field”:

The Herald blithely ignores the public interest in promoting a dubious proposal that will cause significant harm to the average taxpaying citizen.

As an industry analyst for Merrill Lynch, the very best outcome that occurred in my national studies when commercial aviation was added to a previously non-commercial venue was a drop in home values that averaged 22 percent. Apparently that’s fine with you, but I do have some economic questions to pose.

While the average homeowners of the area around Paine Field are seeing their home values plummet, how would you address the issue of further (and dramatic) erosion of their house values? Let’s continue. With the decline of property values goes the lower assessments the city and county rely on for property tax revenues. Applied fairly, how will these entities cope with a sharp decline in those revenues? How much will the introduction of commercial flights into Paine Field have to produce in new revenues to balance the loss in property tax revenues?

The vision of ever-expanding commercial aviation in South Snohomish County comes with additional massive costs you seem to ignore. Recent infrastructure improvements will be quickly overwhelmed by increased vehicle traffic that will ensue. Quality of life issues are too numerous to list, but one has only to recap the impacts to neighborhoods around Sea-Tac to see what the future holds for the residents of Lynnwood, Mukilteo, Everett, etc.

You refer to “limited flights and quieter aircraft” but please note that most of us were born at night but not last night. Once this door is opened, expansion of service is inevitable. The relative costs in dollars and to the quality of life in the area will far outstrip the falsely touted benefits of such a move. Do your research.

Mark S. Williams

Lynnwood

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Opinion

toon
Editorial cartoons for Saturday, July 5

A sketchy look at the news of the day.… Continue reading

A Volunteers of America Western Washington crisis counselor talks with somebody on the phone Thursday, July 28, 2022, in at the VOA Behavioral Health Crisis Call Center in Everett, Washington. (Ryan Berry / The Herald)
Editorial: Dire results will follow end of LGBTQ+ crisis line

The Trump administration will end funding for a 988 line that serves youths in the LGBTQ+ community.

Comment: Keep county’s public lands in the public’s hands

Now pulled from consideration, the potential sale threatened the county’s resources and environment.

Comment: Companies can’t decide when they’ll be good neighbors

Consumers and officials should hold companies accountable for fair policies and fair prices.

Comment: State’s new tax on digital sales ads unfair and unwise

Washington’s focus on chasing new tax revenue could drive innovation and the jobs to other states.

Forum: Protecting, ensuring our freedoms in uncertain times

Independence means neither blind celebration nor helpless despair; it requires facing the work of democracy.

Forum: World peace starts with not firing missiles at each other

If a kindergartner can grasp the inhumanity of violence against innocents, shouldn’t it be clear to us.

toon
Editorial: Using discourse to get to common ground

A Building Bridges panel discussion heard from lawmakers and students on disagreeing agreeably.

The Buzz: Flush with BBB tax breaks? Hit the Trump Store.

The rest of you can grab a spot under the bus the GOP has thrown you and enjoy the ride.

Schwab: Taking pride in our own independence from tyranny

Many of us are Americans by luck of birth here; real pride requires commitment to democratic values.

Comment:A chance to make nation more united for its 250th

Let’s refresh the meaning of the Declaration for all and rededicate ourselves to pursuing it.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.