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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (13939)9/24/2003 6:58:43 PM
From: TradeliteRespond to of 306849
 
Well, California certainly does have its problems, but I firmly believe we all have to get used to pocket-picking taxes.

I do NOT believe, as some seeem to suggest, that the federal government can tax wealthy people on things for which they are already paying taxes at the state or local level. State and local governments and their citizens need the money to stay at the local level, and many folks don't have much more to share with Uncle Sam unless Uncle Sam wants long-time homeowners on fixed incomes, retirees, and similar folks to start showing up on the welfare rolls because they've been taxed out of their last dimes.

I do believe demographic trends alone indicate this country is going to need one heck of a lot of roads, schools, public transportation, safe water and food supplies AND HOUSING to keep its head above water. We ALL will have to cough up the money--somehow.