David Brauer wrote: "Personally, I think the tax-capacity horse is darn near death."
Vicky Heller: It's won't be a dead horse until Minneapolis residents understand how their property taxes are calculated. If Ms. Becker's claim is true, that only six people in the State know how the calculation works, there is something VERY WRONG. I am constantly amazed that Listmembers actually think that a dwindling tax base can support more debt and more spending. Minneapolis has reduced its payroll by 800 people and still can't pay its bills - doesn't anyone else think that's odd? Am I the only person who wonders why Omaha (population of 395,000) operates with $80 million of property taxes, while Minneapolis can't make ends meet with $220 million? All we hear from local politicians is that Minneapolis is in DIRE financial need, but the credit rating agencies think that Minneapolis is in AAA shape. I have trouble reconciling those opposite positions. Oh well, I guess common sense is old-fashioned. I agree that this is a very boring subject for those who can't do math. Therefore, this is not the proper place to pursue the subject. I'll move on to the rating agencies and the Legislature. In the meantime, you guys keep writing those checks to Minneapolis - even though you have no idea what you're paying for. Vicky Heller North Oaks and Cedar-Riverside REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
