Finding the right mix | AspenTimes.com
YOUR AD HERE »

Finding the right mix

Dear Editor:

The Aspen City Council is correctly concerned about the mix of retail in Aspen. Nonluxury level, locally-owned businesses can compete and thrive in this very competitive retail environment, if they have a good business plan and enough customers to support the level of volume needed to cover their high cost structure.

One major component of those costs are property taxes, which building owners pass through to tenants. By state law, commercial properties shoulder an unusually high portion of taxes compared to residences. In Aspen, the rate has been effectively triple that of residences.

If City Council is truly serious in its intent to encourage locally owned and locally serving businesses, it and other local taxing entities that are de-Bruced will seriously consider the disproportionate, negative effect on local businesses of keeping this year’s tax windfall.

David Fleisher

Pitkin County Dry Goods

Aspen


Support Local Journalism

Support Local Journalism

Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

For tax deductible donations, click here.
 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User