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To: SQUID

You got it and then guess what? The baby boomers retire and die and all the money they have been taking in from us disappears. Then what?


18 posted on 10/10/2007 1:34:45 PM PDT by Sunshine Sister
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To: Sunshine Sister
When the boomers retire the tax base will be reduced and when they die the tax base will greatly be reduced.

Government will then become such a burden to the smaller population that it will be forced to cut it’s size or it will increase taxes to such an extent as to cause economic problems.

Example: City of Chicago Comrade Daley just increased property taxes even though the City has shown the most revenue in decades due to the construction boom that took place.

There were old warehouses that didn’t produce revenue for the city that were turned into condos that have collectively increased revenue like never before and still he needs more money.

Yet, in this housing slow down he isn’t willing to cut services and reduce operating costs by laying off workers he is simply raising taxes and shifting the burden to the private sector as well as businesses on Michigan Ave.

This is how many in government think even on a federal level. Laying off government people means risking or losing their voting base.

The more people depend on government the more they will be inclined to vote the people in who provide them with government services. So, the more government works to create dependent people the more likely the government will turn into a system that is not OF, BY or FOR the people because generally that society begins to devolve.

24 posted on 10/11/2007 9:01:16 AM PDT by SQUID
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