Quote:
Originally Posted by tis
Local property taxes made the camps close not the "rich" who "absconded" the land. Yes, I know they could probably make more selling the valuable properties than they could keeping the camps open, but I still think a lot of them would still be here if it wasn't for the taxes. You notice most of the camps that are open today are non profits so they don't have to pay taxes.
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Well, sort of. Keep in mind that for profit camps have to compete against non profit camps, in the same way that for profit health clubs have to compete against the YMCA. Even before you get to taxes, the need for a profit margin and return on investment make this pretty much impossible when other factors are similar.