1/3/2013 11:01 AM
Of course as I thought about it more, we can't raise taxes because how would we pay for all this stuff we buy, (dating myself a little) Cell phones for all family members, cable TV, Internet, just thinking of new stuff that has come on line in the last few years. Yet incomes for most haven't kept up with the rising cost of these new "necessities".
I'm with you Sandy, I would be willing to see that all departments are looked at like that. Also let's look at the tax code and deductions. As much as I would hate it, how about the tax credit we get for mortgage payments...I'm sure those businesses that really benefit from it lobbied hard for it, I'm sure they can present information that would say because of those tax credits in encouraged home buying and people spending more buying homes and all the buying of items for the home, but what is the cost to the government's revenues, and let's look at local and state as well, because who is building the infrastructure for all that building? I know a lot of that is being financed by the developer but also with tax breaks, and in the case of new businesses gets paid for with TIF funding, not to say that's bad or good but lets see a cost and benefit analysis. But lets look at them all in that fashion. And of course there are somethings you can't put a cost and benefit analysis on, like taking care of veterans, (well maybe we should have done that before going in to Iraq, but I know Afghanistan wouldn't have worked because that was more emotional and a more perceived threat and how to you number crunch something like that?)
Eric, I'll have to check that out when I get home, thanks.
Mel
Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO