It's an issue that needs to be looked at. We even have a lot of places to look
at for the results. Europe being socialist, embodies many of these practices-
and it's breaking the bank.

Here's a easy comparison. The state of California, the WORLDS 6th larges economy
is 3.5 billion in debt. Their governor is getting recalled for it.

In Germany, the CITY of Berlin (not the country- the city) is somthing like 5.7
Billion in debt. 

Denmark goes even farther in the socialist utopia. It does not help crime (the
rates are rising) debts are massive (think the US debt is high?) and there is no
easy way out.

See (you may need to cut and paste this link back togeather)
http://www.mises.org/fullarticle.asp?control=1274&month=58&title=Denmark:+A+Case+Study+in+Social+Democracy&id=59

As Vicky notes, Mpls property taxe revenue is decreasing, even though most of
our rates are increasing- dramatically!

Where is the money going? It's somthing that Mpls needs to straighten out.
Because if it dosn't, Most people who can, will simply move to get lower tax
rates, and Mpls's problems increase that much more. 

The effects are already happening. Many companies refuse to locate here because
of it. With the houseing prices and tax rates, it's stating to become a real
question if it's worth financially to live here when you run the numbers. That's
true even for a regular Joe like me, who dosn't even have the expense of kids to
deal with.

Tom Holtzleiter
Kingfield


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