Whether it’s health care, local taxes or Social Security, in a very teal way we are all in this together. Nobody is an island and social policy cannot be set that way.
Read more on my blog on HumbleDollar.com
I’M IN THE PROCESS of moving into a 55-plus condo community—in my case, way plus. The property taxes on my new condo will be $12,200 a year, the bulk of which goes toward the local school system. But here’s the thing: No one in the community has children in school and hasn’t for decades. That got me to thinking. Why can’t we just buy the services we need from the town? Years ago, I felt quite differently. When my children were growing up, I used to think the seniors in town had some nerve voting against the school budget. Today, I better understand that, for some of those seniors, higher taxes meant less for other necessary spending. It’s a thorny issue. If you’re part of a community—large or small—there needs to be a fair formula for sharing common expenses, even expenses that may never directly benefit you.
Source: Sharing the Load – HumbleDollar