ST Alpha - "And right now, the state has very little ability to raise funds necessary to provide for the common good at large" (Reading a Post)

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In response to "The only thing keeping me in my house is the fact the government has limits to the amount my taxes can increase." by Redmond has a particular set of skills

And right now, the state has very little ability to raise funds necessary to provide for the common good at large

Posted by Will Hunting (aka JoeMetz) Jan 29 '09, 18:43

police, fire, govt services...all that funded in large part from tax revenue that's artificially capped.

Govt doesn't like to raise taxes, despite what you might think of liberals...cuz too much tax rate = they get shitcanned by angry voters.

But to limit their ability to do so is short-sighted and idiotic in times of true need...like now. And the fear that people will lose their homes from taxation...look around, people are losing their homes for so many other reasons, and having less govt safety net becuase of these limitations.

Responses:

Jacking up taxes on people already struggling to pay their mortgage doesn't sound smart in these "times of true need". - Dr.Vermin Jan 29, 18:55 1
- If the value of the home is jumping 15% a year (not uncommon the last 5), but you have a cap of 2%....you've just destroyed your IM of taxing value. -- nm - Will Hunting Jan 29, 18:57
I used to live in California. They have ever possible tax you can imagine. They can raise sales tax rates, Income tax rates, only property is capped -- nm - Redmond has a particular set of skills Jan 29, 18:45 1
- Usually if the tax is capped in one area, it gets raised in another. -- nm - the liioulu with tiny planes Jan 29, 18:47

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And right now, the state has very little ability to raise funds necessary to provide for the common good at large

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