SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joan Osland Graffius who wrote (206755)11/25/2002 11:32:03 PM
From: benwood   of 436258
 
Joan,

In Washington State, they actually created a reserve fund that became quite substantial, but it was raided in tax rollbacks for a few years and that, essentially, was that. Even the budget recently passed was something like 700M greater than anticipated revenues. Our tax rates actually are lower than during the boom times but the expenditures have not come down enough yet. The main thing we've suffered from, imho, is poor leadership. Maybe that is an outcropping of the boom years -- the good leaders were raking in their millions as CEOs or UW Husky football head coach, and who needed a strong leader anyway when we were all getting so rich? Maybe when the state hits bottom somebody with great leadership skills will rise to the occasion.

--Ben
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News