We can learn both what to do and what not to do.
Former Minneapolis Mayor R.T. Rybak has steered the discussion of planning for “The Yard” in the right direction (“Can we render this into reality,” June 1). Anyone involved in financing and designing our new high-profile park would be advised to study the 10-year-old Millennium Park (MP) in Chicago. While much larger in scale, it offers lessons.
A diverse group of government agencies, citizen volunteers and arts organizations collaborated to build MP. The park was funded by a combination of public money and corporate/private philanthropy (nearly half the cost) plus corporate naming rights for high-profile park features. The area around MP saw a building boom and soaring property values; thus, a special taxing district helps to finance maintenance costs.
Essential features at MP that can be scaled to the Yard are gardens, an outdoor pavilion to host concerts and movies, a water feature or fountain, signature large-scale art installation, restaurant space, a bicycle commuter facility and an ice skating area. To draw visitors from one area of the park to another, high profile, artist-designed bridges could span Portland and Park avenues.
Cost overruns, construction delays and infighting among the groups planning MP should also be studied and avoided.
Steve Millikan, Minneapolis
THE ‘TWO SANTAS’
Why capital gains taxes should be low
The main point of Lori Sturdevant’s June 8 column (“The future, sans Santas: Will anyone try to map it?”) is that politicians need to deal with the expenses of Social Security and Medicare and revenue reductions due to tax deductions and the low capital gains tax rate. I agree that entitlement expenses and tax deductions are big problems that need to be addressed. I would take issue with the “low” capital gains tax rate.
Most people think that it is unfair that capital gains are taxed at a lower rate than income. I would point out that there are two differences. Capital gains are made on investments that benefit society but have risks. The lower tax rate helps encourage investors to take those risks. Additionally, capital gains are made on investments that have a longer time frame than does income. As such, they are affected by inflation. In order to be fair, capital gains taxes need to account for this.
Separately, thanks to D.J. Tice for his excellent column “The battle lines of judicial activism, from our very own court” (June 8). The job of a judge is to issue rulings based on the law and the Constitution. The alternative is rulings based on opinion. Those in favor of judicial activism should ask themselves whether they would be happy with that approach if the judge had a different opinion than theirs.
James Brandt, New Brighton
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Sturdevant’s “Santas” article and her comments about Social Security being a third rail of American politics would lead one to believe that Social Security is not self-funded. Social Security is totally funded by a payroll tax on employees and employers, and benefits paid are not the result of congressional appropriations. The only weakness in funding the system is that the cap on what payroll amount is taxed is set artificially low, which benefits only the rich and allows them to make false claims that Social Security funding is unsustainable. Normally, Lori is one of my favorite columnists, but she took a big swing and a miss on this one.
Doug Ellingson, Richfield
Doesn’t solve problem of too many road users
The problem with driverless cars (“Google’s self-driving car should terrify Detroit,” June 1) is that the cars themselves are as inefficient as any single-occupant vehicle. Sure, there might be some marginal efficiencies with reduced parking demand, but the taxpayer-funded roads will continue to be clogged; the taxpayer-funded health care system will continue to treat disease caused by emissions, and the taxpayer-funded police will have no way to hold accountable the operators of vehicles involved in accidents. (Think drone operators in bunkers halfway around the world.) No doubt this technology will have an impact, but under the selfish, “go anywhere at anytime on public roads” mentality, it will simply be another way to avoid addressing an unsustainable, low-density lifestyle.
The Opinion section is produced by the Editorial Department to foster discussion about key issues. The Editorial Board represents the institutional voice of the Star Tribune and operates independently of the newsroom.