March 19, 2007
What's really funny is the reason they want to create this new tax (beyond the usual reason that legislators just want your money). They seem to have just now found out that the LOANS that the voters approved in 2000 and 2004 (called "school bonds") actually have to be repaid! Yes, folks, the "free" school bonds that didn't cost any money in 2000, but was "for the children" actually have to be paid back! Just because it's called a "bond" doesn't mean it's not a loan.
So now the county is stuck with trying to find a way to make a $10 million debt payment this year and they don't have the money. So they're doing what they always do when there's total fiscal mismanagement in government: just take more from the taxpayer.
Fortunately, the county is represented by a couple Republicans in Raleigh, and they're not interested:
I'm not inclined to introduce a tax bill
Now if only we could get some people elected who have a concept of how economics actually works, instead of how Democrats want them to work, we might make some progress in creating a society based on freedom. That sure would be nice.
Posted by: Ogre at
11:14 AM
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