Actually WCF drives a lexus!
The City is making it easy for those with a lot of wealth NOT to live within its borders. Rich folks will not pay 2.4 % income tax on both the money they make inside the City limits and the money they make outside the City Limits. Case in point, look at the hubbabaloo over Rommney paying only 14 percent of his income in federal taxes. He was able to take advantage of all sorts of things such as the low taxes on investment income in order to save $100,000's in his federal taxes. That ain't chump change. Say Gilbert makes $10 million this year in Salary. Living in the City that would equate to $240,000 in taxes on his salary. Say he has another $20 million in investment income from outside of the City. He would pay another $520k for a total of $760k in taxes. If he lives in Redford, he pays $120k.
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