[Winona Online Democracy]
Title: Re: [Winona] Property Taxes Over Last Four Years: Star Tribune Article
I am not arguing for luxury taxes – but fair taxes. Tax breaks for the super rich seems to create few jobs.
Tax relief to small businesses and the middle class does create jobs – as demonstrated to the fairer tax days of the early to mid 90’s.
On 10/19/06 1:10 PM, "Glen Schumann" <[EMAIL PROTECTED]> wrote:
[Winona Online Democracy]
It might be useful to remember what happened when Congress decided to go after the rich with a tax on luxury yachts. It was called "unemployment" for those working in yacht building and their suppliers.
Glen Schumann
Winona, MN
[EMAIL PROTECTED]
Phone: 507.454.3056
FAX: 507.454.3056
www.hbci.com/~gschuman
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Bothuns
Sent: Thursday, October 19, 2006 10:01 AM
To: 'Kelly Herold'; 'E Democracy'
Subject: RE: [Winona] Property Taxes Over Last Four Years: Star Tribune Article
“the super rich may not create many jobs but do create some.”
I think this is one of those statements that most people have been convinced is probably true, but again, I’m not so sure. Does the money spent by the super rich create the same number of jobs as it would if that amount of money were spent by a larger group of simply well-to-do people, or average people? I just read an article a few days ago about a $20 million dollar diamond-frosted wedding cake. You gotta believe they are ways to spend $20 million that would create more jobs than a single wedding cake.
I suspect that a similar amount of money being spent by a larger group of people would result in the purchase of a greater number of lower priced products and the creation of more jobs. The siphoning-off of large sums of money into a few hands may just cause a net decrease in jobs. I’d love to argue this point with someone who can cite research on the matter. I’ve seen plenty of theories but not much data.
Bryon
From: Kelly Herold [mailto:[EMAIL PROTECTED]
Sent: Thursday, October 19, 2006 9:13 AM
To: Bothuns; 'E Democracy'
Subject: Re: [Winona] Property Taxes Over Last Four Years: Star Tribune Article
Byron,
Fair enough – the super rich may not create many jobs but do create some. However in the U.S. small businesses create around 80% of all jobs. And yet these small business owner get few of the break large corporations do.
Kelly
On 10/18/06 6:28 PM, "Bothuns" <[EMAIL PROTECTED]> wrote:
“Some would argue that the super rich create jobs and I agree.”
Not me. Consumers create jobs, plain and simple. The owners of places like Wal Mart didn’t become “Super Rich” by creating jobs. They did it by eliminating jobs, or paying lower wages for them. Corporations love to hold our jobs hostage for a ransom of tax loopholes, but they need access to our buying power more than we need the benefits of their “business acumen”.
How many jobs do you think would get shipped overseas if those companies had to keep the resulting products over there with them? The super rich need us. We’d be just fine without them.
Bryon Bothun
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] <mailto:[EMAIL PROTECTED]> On Behalf Of Kelly Herold
Sent: Wednesday, October 18, 2006 7:53 AM
To: LindaF; E Democracy
Subject: Re: [Winona] Property Taxes Over Last Four Years: Star Tribune Article
Cost of living and inflation eat up many of our taxes – but to be honest the tax breaks given to the top 1% of our citizenship is the price we all pay.
In Minnesota alone around 25,000 folks making 300,000 or more have realized an overall tax decrease while those in the shrinking middle class have seen a tax increase.
The fee based initiatives also shift much of the tax burden to the middle class.
When CEO are retiring with 100+ million packages and other compensation sweatheart deals the middle class continues to work itself to death.
Some would argue that the super rich create jobs and I agree. But the overall job creation, are over the past decade, undeniably moving towards less paying, low benefit service jobs. The productivity realize by industry can be attributed to mainly two things – increased hours of current workers and shipping jobs overseas.
As a result – the shared cost of sky rocketing health care, inflated housing, and unfair tax burden continues to
erode the back bone of America, Minnesota and small communities like Winona.
Kelly
On 10/18/06 6:47 AM, "LindaF" <[EMAIL PROTECTED]> wrote:
[Winona Online Democracy]
While I don't doubt your numbers are correct I don't think you are comparing apples to apples.
My daughter and son in law live in Onalaska. I am going to look at her tax statement the next time I am at her house. I believe they are paying higher taxes in Wisconsin because more is taken out of that fund for various projects than in Minnesota.
Linda Fort
[Winona Online Democracy]
While I know that residential property taxes have gone up, especially last year with the school referendum, please keep in mind that homestead property taxes in Minnesota are less than half on a comparably valued home in LaCrosse. I checked the LaCrosse County web site this morning and a house valued at $183,000 had taxes of $4,700. A house in Winona at that value carried a 2006 property tax of just less than $2,000.
My point--While the increases sure seem to be a bad trend, it could always be worse.
Stephen Hacken
Winona County Assessor
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