The same goes for mortgages/rent etc. on residential real estate.
If you think raising these taxes might increase utilization/optimize revenues, great, but you’re proposing pulling an economic lever, not some genius new system.
The government has many economists and political scientists on payroll to determine optimal and politically acceptable rates, any changes would need much stronger and more detailed argument.
https://www.sftaxappeal.com/post/commercial-property-taxes-i...
The cost of these taxes is passed on in the rent.
The same goes for mortgages/rent etc. on residential real estate.
If you think raising these taxes might increase utilization/optimize revenues, great, but you’re proposing pulling an economic lever, not some genius new system.
The government has many economists and political scientists on payroll to determine optimal and politically acceptable rates, any changes would need much stronger and more detailed argument.