Monday, July 10, 2006

A taxing matter

From Nancy in Lake Bluff about OP tax-cutting:   Lower taxes encourage development, thereby increasing the tax base.  OP trustees fail to recognize this.  One only had to listen today to remarks by the new treasury secretary, as he was sworn into office, to understand the logic behind lower taxes.  He unapologetically proclaimed that lowering taxes worked for the federal government.  Tax revenues are way up and the budget deficit has gone way down. 
Me:  In some way or other, this would work for Oak Park.

1 comment:

Anonymous said...

The best way to lower taxes is to reduce public budgets. But in OP, each taxing body is its own domain, without any thought as to prioritizing community needs. E.g., is a new public works facility more important than class size. But it will never happen. Galen