City's faulty financial thinking
December 19, 2012 · Updated 6:16 PM
I read with interest, but not surprise, the article explaining what the City is thinking of doing to raise money for road repairs. Voters didn't give them the money they wanted, so City officials are going to raise taxes.
Why doesn't the City have the money it needs?
Maybe because of a new downtown, which sports a gravel lot with a two-story concrete monument to the Cavanaugh family, which used to have a thriving business there?
Maybe because of a new park, with a lake, on the West Hill, which will cost the City about $200,000?
Maybe because of a median on the West Valley Highway that is growing weeds?
It never ceases to amaze me that individuals and businesses are expected to live within a budget, but politicians can spend at will, and they seem to have no shame doing it.
The state is moaning because they are not taking in enough gasoline taxes because of fuel-efficient cars, so they are going to raise taxes. And anyone who really believes that making less than $250,000 a year will save them from a federal income tax increase should contact me. I have some lakefront property in Okefenokee Estates in southern Georgia for sale.
I wonder what percentage of income politicians consider is too much to take? I will believe that they really care about me when my health insurance is as good and costs as little as theirs and when my retirement is as well padded.
– Lynn Seegmiller