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 aim of all commentary on art now should be to make works of art—and, by analogy, our own experience—more, rather than less, real to us. The function of criticism should be to show how it is what it is, even that it is what it is, rather than to show what it means.”
—Susan Sontag (b. 1933)
“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)
“It is from the womb of art that criticism was born.”
—Charles Baudelaire (1821–1867)