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by Richard Hall[This letter was published in Florida Today on July 22, 1998]The lead article in the July 16 Local section tells us that Palm Bay property values have declined and that this will cause a drop in tax revenues. The very next bit of information is that "city administrators have not yet determined how much of a tax rate hike would be needed to offset the loss." Well, if this isn't typical of bureaucratic mentality, I'll eat the city charter! Whenever a loss occurs, a reflex action takes place: Raise taxes. That's all they know! But it's about time the bureaucrats learned there's another option available. It's called "cut spending", the same thing we all have to do when a money crunch occurs. It's fairly simple, really. It's the second way to cover loss of income. Raising taxes has been over-used and has become less than popular, to put it mildly.
Read my lips: No new taxes! Palm Bay residents would be well advised to
give their city administrators some help in understanding option No. 2. |
This page was last updated 07/02/00 01:50 PM |