LEGO

Company Relocating Its Headquarters To Boston. A Good Thing?

The news broke the other day, that the LEGO Group, the world’s largest toy company which was founded in Denmark, will be moving it’s American headquarters out of Connecticut and relocating to Boston. Is that a good thing?

Sure, why not? Who doesn’t like LEGO’s? Anyone with kids in the family, knows about LEGO’s. They are those colorful little plastic interlocking bricks that can be made into almost any type of structure. Children love them and so do adults; with the possible exception of adults who may have stepped on them while barefoot. When that happens and it happens often, colorful language might be heard coming from the mouths of those unlucky adults - language that for obvious reason, we’d never print in a family newspaper.

LEGO’s are fun to play with. In fact the name comes from the Danish words ‘Leg Godt’ and means Play Well. So for all intents and purposes, everything about LEGO’s is pretty positive and it’s relocation to Boston will bring more jobs to the area which is always a good thing too.

Whenever a new business or company opens up and/or relocates to Boston, one of the positive results should be increasing the tax base to the area; bringing more capital to the area in the form of those taxes. And it’s pleasing to see a company like the LEGO Group coming in. It’s a nice change from all the Life Science Labs that our city is being inundated with. All of these ‘Labs’, conducting their experiments in their buildings we assume are paying taxes as well, At least we hope they are. And this brings us to ask a question that we’ve asked in this space so many times before: If this ever increasing tax base is bringing in so much more tax revenue to the city as it should, why are the property taxes for Boston’s working families continuing to rise? And when, pray tell, can homeowners and renters expect to finally see their property tax bills finally start to go down – and by a significant amount?

Fair is fair and Boston’s residents have every right to expect that they too are being treated fairly and finally given a break. The city needs more money in it’s coffers to operate? That’s understandable to a point. But with all the new businesses opening up; BIG businesses that make huge amounts of profits, Boston’s residents should also be in receipt of some of that new revenue.

People have gotten used to seeing the expense of living in this city only go in one direction – up. The cost of permits, fines, penalties, parking and nearly everything else is making it far too expensive for the average family to continue to live here. With the new and very large amounts of revenue pouring in, the people should now see the cost of living start taking a downward trend. Property Tax reduction should be a major part of the direction change with most everything else to follow. As we stated – fair is fair.