October 26, 2007
Property Tax Revenue To Fall
71 billion dollars of appraised real estate value is going to be wiped off the tax assessors books according to the Joint Economic Committee report. What does that mean to us as taxpayers? The states will lose $917 million in property tax revenue and we all know they will not cut jobs or retreat for the most part in their mindless spending spree. Who do you know who is in political office that would live up to the scrutiny of Suze Orman, the internationally acclaimed personal finance expert. She probably would have all government workers driving in OLD cars for starters.
Her motto seems to be, “if you don’t have it, don’t spend it.” Living on a sensible budget is what most working class people practice. Politicians, on the other hand, have betrayed the public trust by not taking on government unions that grant early retirement and fat fringe benefits. When the public at large has to work 45 years before retirement, government workers work only 20 years and they are eligible. The shift of wealth in this country has gone from entrepreneurs to federal and state workers and contractors.
Political cowardice and the politician pushing programs to the voters group think, “if its from the government its free “ have caused the shift. Politicians are afraid to hire outside their non-union mafia. Trade unions as opposed to government unions should act as the model union. Workers are hired on an as needed baises and get paid only if they work. Trade union employees get holidays off but they don’t get paid for them. If the employer is dissatisfied with the worker, he or she is fired. There is no such thing as tenure.
Its free alright after property tax bite gets increased or sales tax increase pays for it. All we can do is forgive the enemy politicians against the taxpayer, but never forget their names in the polling booth.
Filed under Blog by George Bolton


















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