Archive for the ‘Millage Rates & Taxes’ Category

The `Bush Tax Cuts` Explained

Can I give you the layman’s summary of the ongoing debate over the “Bush era tax cuts”? Most of my readers understand this intuitively, but I offer the following in the unlikely event that an intellectually honest Democrat or “Progressive” might drop by. It really is no more complicated than this: The U.S. has a [...]

Gwinnett Commission Uses 2009 Tax Hike to Balance 2010 Budget

In December 2009, the GDP reported on the county’s plan to use the 2009 tax increase for unfunded liabilities rather than to pay for the fire stations, police officers and youth athletics as had been promised. Gwinnett Finance Director Aaron Bovos had told the Engage Gwinnett committee of the plan just days after the Commission [...]

Stuck Inside the Box: My Dissent to the Engage Gwinnett Report

The 94-page final report of the Engage Gwinnett committee is now online. It details the findings and recommendations of the citizen committee (of which I was a member) that examined Gwinnett County’s finances for over six months. Despite our herculean efforts, I believe that our work product has serious deficiencies. In a nutshell, we nitpicked [...]

Kudos to Reed for Addressing Pension Benefits

Atlanta Mayor Kasim Reed is to be commended for taking one of the bold steps needed to keep the city from falling into the abyss, financially speaking. Accrued but unfunded liabilities, primarily pension benefits, are the figurative cement shoes on the feet of cities, counties and states across the nation. Basically, accrued and unfunded liabilities [...]

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