Impact Fee - Criticism

Criticism

Impact fees are accepted forms of financing in many communities in the country. Still, their use is not universally accepted. States, communities, and citizens have opposing viewpoints that don’t accept the use of impact fees as a means to collect revenue. One argument against impact fees is that they may constrain and hurt the local economy from developing. The argument includes the asertion that they may serve as a de facto tax which can have a result of slowing or ending development in an area and instead cause investment in other areas that don’t use impact fees. Another argument against the use of impact fees is that they may have an effect on the price of housing or other units by increasing it. The use of the impact fee on developers may cause them to pass the cost onto the property owners and charge them a higher cost due to the extra fee they will have to pay. Another concern is that they may have an effect on slowing job growth in a city or an area. The negative effect that they may have on a local economy may directly hurt job growth and affect the amount of jobs that are available in an area.

Read more about this topic:  Impact Fee

Famous quotes containing the word criticism:

    The critic lives at second hand. He writes about. The poem, the novel, or the play must be given to him; criticism exists by the grace of other men’s genius. By virtue of style, criticism can itself become literature. But usually this occurs only when the writer is acting as critic of his own work or as outrider to his own poetics, when the criticism of Coleridge is work in progress or that of T.S. Eliot propaganda.
    George Steiner (b. 1929)

    People try so hard to believe in leaders now, pitifully hard. But we no sooner get a popular reformer or politician or soldier or writer or philosopher—a Roosevelt, a Tolstoy, a Wood, a Shaw, a Nietzsche, than the cross-currents of criticism wash him away. My Lord, no man can stand prominence these days. It’s the surest path to obscurity. People get sick of hearing the same name over and over.
    F. Scott Fitzgerald (1896–1940)

    I consider criticism merely a preliminary excitement, a statement of things a writer has to clear up in his own head sometime or other, probably antecedent to writing; of no value unless it come to fruit in the created work later.
    Ezra Pound (1885–1972)