This is a new thing that smaller towns are trying to do to take advantage of an increase in remote work.
The meme is also misleading because it’s implying that this is something they’re giving to everyone that moves there for a limited time, when it is only 10 people. It’s also implying that there’s not enough people there to pay taxes, which doesn’t actually make sense because that’s not how taxes work. There would definitely be enough tax income if they didn’t care about the future of the town. What they’re trying to do is revitalize the area and trigger growth, and they need more income to fund that revitalization.
I can’t get over how I’m learning about small town economic policies via a meme. Thanks for spreading awareness!
This Washington Post article talks about the policy and how other small cities are trying the same thing https://www.washingtonpost.com/dc-md-va/2024/08/30/cumberland-maryland-revival/
This is a new thing that smaller towns are trying to do to take advantage of an increase in remote work.
The meme is also misleading because it’s implying that this is something they’re giving to everyone that moves there for a limited time, when it is only 10 people. It’s also implying that there’s not enough people there to pay taxes, which doesn’t actually make sense because that’s not how taxes work. There would definitely be enough tax income if they didn’t care about the future of the town. What they’re trying to do is revitalize the area and trigger growth, and they need more income to fund that revitalization.