I remember reading last year about a proposal to do a 2% tax on people who
made over a million a year, and that it would solve all of our money
problems, deficits, health and education funding.   Anyone else remember
this?  I've forgotten the statistics, but it was amazing.    diane wiley
working away in tangletown 

  _____  

From: Matty Lang [mailto:[EMAIL PROTECTED] 
Sent: Monday, November 14, 2005 3:34 PM
To: Diane Wiley; mpls forum
Subject: RE: [Mpls] Snicker shock?




Diane Wiley <[EMAIL PROTECTED]> wrote: 

 The main question I have is whether people who have
less incomes are being hit harder. That would not be good. If we want to
have a decent city, we're going to have to pay for it. I will buy $300 less
of some kind of thing that I probably don't really "need", and that seems a
small sacrifice to pay for a better city. I just would want to know that
families with less income are not going without food or heat in order to pay
their mortgages.

Diane Wiley, perhaps idealistic to a fault in Tangletown...



ML:  

I'll let you know how it went come Spring.  On the same day that I received
my letter from Hennepin County, I believe the Strib also ran a story on
climbing mortgage interest rates.  I don't recall (I don't want to think
about it) if my taxes increased by 10 or 20 % this year as the notice was
part of an increasing white noise of negative economic news.  

At some point last year, New Jersey considered (and passed?) a millionaires'
tax to reduce local property taxes as well as to buttress funding for health
care and education.  Being taxed on the ability to pay taxes, now that's a
novel idea.  The guv could call it a Millionaires' fee and pick up some
votes in Minneapolis.  

Matty Lang, 
Hoping hard for a 3% raise in 06 but not holding my breath in Central  



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