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To: soupbone1

Governors and mayors will eventually realize that the tax revenues have dropped to zero. Some will raise taxes, but most will figure out that without economic activity, they will lose their power over doling out tax monies to their preferred projects.


9 posted on 04/02/2020 11:17:23 AM PDT by Texas resident (The American media is our enemy)
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To: Texas resident
Governors and mayors will eventually realize that the tax revenues have dropped to zero....

Nowadays that is a clear signal to demand more from Uncle Sugar, first thing.

13 posted on 04/02/2020 11:26:19 AM PDT by gloryblaze
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To: Texas resident
I've mentioned to someone who works for the county that they had better start planning for a huge revenue loss. As far as I know there are no plans in place for the knock-on effects the political decisions are causing. I get the impression they believe everything will return to normal once the stay at home order is removed.
17 posted on 04/02/2020 11:49:42 AM PDT by soupbone1
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