Economy
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Proposed Elimination of “Tip Credit” in MoCo is Really About Raising Taxes on Working Class
Read more: Proposed Elimination of “Tip Credit” in MoCo is Really About Raising Taxes on Working ClassCM Will Jawando, wealthy owner of an estate on 2.8 acres, wants to raise taxes and cap earnings on working class Montgomery County employees in the restaurant and beverage services / bartending sector.
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Investor Beware: MoCo Govt Issues More General Obligation Bonds as ‘Debt Servicing’ Projects
Read more: Investor Beware: MoCo Govt Issues More General Obligation Bonds as ‘Debt Servicing’ ProjectsMoCo debt service cost are on a glide path to consume more and more resources in budgets that should be going into the actual MoCo body politic.
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Small Businesses Should Benefit from Leaf Blower Rebates
Read more: Small Businesses Should Benefit from Leaf Blower RebatesDid you know that when it comes to garden and lawn tools, that the leaf blower is the most widely owned tool? Here are the rankings from 2012-2020. I think it is a fair wager that many residential property owners own an electric leaf blower as opposed to a gas one. If you have ever…
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Rental Inventory Update
Read more: Rental Inventory UpdateOn July 17, 2023, the county council enacted rent control. In Exile the Poor, Keep the Golf Courses I mentioned I’d keep a record of apartment rentals as advertised on realtor.com to test the expectation that because of the rent control rental inventory will shrink. Here is the update for October 4, 2023. Analysis This…
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Montgomery Village Gets a Play Area and Continued Stagnation
Read more: Montgomery Village Gets a Play Area and Continued StagnationOur council members’ press releases aren’t as effective as psychedelics. As I read them, I get detached from reality about only 50% of the time. Those with experience tell me psilocybin mushrooms foster that effect 100% of the time. So it was on October 2 when I received a press release from CMs Dawn Luedtke…
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Raskin to Our Rescue
Read more: Raskin to Our RescueAs of the current timestamp (2023-10-01 17:01:11 EDT), a federal government shutdown has been averted. Actually, the shutdown has been postponed until the next farce of a budget resolution in November. Federal shutdowns affect every American in terms of operations: there are reductions in air traffic controllers and FDA inspections, national parks close, and much…
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On Top of Higher WSSC (Water) Rates, Higher Property Tax Rates, Montgomery County Residents Will See Electricity Rate Hikes Come October 1st
Read more: On Top of Higher WSSC (Water) Rates, Higher Property Tax Rates, Montgomery County Residents Will See Electricity Rate Hikes Come October 1stIn another whack to the old wallet, Montgomery County residents can (likely) expect higher electric bills this fall and winter as a higher per kilowatt hour (kWh) price rate goes live October 1st for Pepco’s “electricity supply rate, class R and class R-AE” (this is for properties / customers deemed residential and residential-all electric). An…
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Livin’ Large: MoCo Young Democrats Hosting “Paint the County Blue” Fundraiser at 3,000 Sq Foot, 2 Acre Estate of CM Dawn Luedtke
Read more: Livin’ Large: MoCo Young Democrats Hosting “Paint the County Blue” Fundraiser at 3,000 Sq Foot, 2 Acre Estate of CM Dawn LuedtkeIt is good to be livin’ large and in charge in MoCo. Us regular hoi polloi in the needlessly expensive, high-tax, housing-short county? Not so much. But it is good to see that a select few are living well in the neighborhood! Remember – these are the people who care deeply about “income inequality” and…
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Marc Elrich Thinks Montgomery County and Maryland Are Economically Competitive, Not “Overtaxed”
Read more: Marc Elrich Thinks Montgomery County and Maryland Are Economically Competitive, Not “Overtaxed”This came to my attention when reading a recent story by Ginny Bixby at MoCo360.media entitled “Ballot initiative would limit county executive to two terms” (September 15, 2023). In it, Marc Elrich, the County’s second term Chief Executive and a 36-year career politician with little practical real-world experiences or any background in economics or personal…
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Restaurant Surcharges Skyrocket in DC After “Initiative 82” Law, and Many Restaurants “Will Not Make It” Per Industry Insiders.
Read more: Restaurant Surcharges Skyrocket in DC After “Initiative 82” Law, and Many Restaurants “Will Not Make It” Per Industry Insiders.Ready to pay a 20% service charge, on top of your food bill, and before any “tip” given to good service by wait staff, at a Rockville-area restaurant (assuming some remain at the stagnant Rockville Town Center property)? How about an additional 15% service charge, on top of the food bill, at Ruth’s Chris Steak…