Beating Back Local Government:

Step 1 In Fighting Your City’s High Taxes

Local governments in most jurisdictions in America are running nearly unchecked in expansion of programs, spending and taxation. According to the St. Louis Federal Reserve, local government bonded debt was a little over $1 trillion in 2000. As of September of this year it is at$3.7 trillion.

Meanwhile, Ronald Reagan’s former budget director David Stockman recently reported that:

“The median U.S. household income in 2012 was $51,000, but that’s nothing to crow about. That same figure was first reached way back in 1989 — meaning that the living standard of Main Street America has gone nowhere for the last quarter century.”

So local governments’ debts and spending has exploded while our median household income has been stagnant for nearly 25 years.

Part of their local spending will be for public relations firms hired to incessantly pound the message home on how “over-worked and under-funded” they are. Most everyone employed by local government adopts the mantra. It’s easy for the general public to believe this, until the current property tax statement on their small to mid-sized business, home or farm arrives in the mail or when their escrow agent notifies them of a significantly increased monthly house payment to cover the new taxes.  Continue Reading....