Pete Gonzalez was primed in the second meeting to deal with the phrase "tax increase" that will never leave his lips. He maintains that despite raising taxes by 6.11%, there was no actual increase in the "debt service tax rate." Robert Uresti, who learned the arithmetic most of us use, gently corrected him.
Tuesday, September 6, 2011
Two Public Hearings Where No One is Actually "Heard"
Pete Gonzalez was primed in the second meeting to deal with the phrase "tax increase" that will never leave his lips. He maintains that despite raising taxes by 6.11%, there was no actual increase in the "debt service tax rate." Robert Uresti, who learned the arithmetic most of us use, gently corrected him.
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𝐁𝐑𝐎𝐖𝐍𝐒𝐕𝐈𝐋𝐋𝐄'𝐒 𝐂𝐇𝐀𝐑𝐋𝐈𝐄 𝐂𝐇𝐀𝐏𝐋𝐈𝐍 𝐋𝐎𝐎𝐊𝐀𝐋𝐈𝐊𝐄 𝐏𝐀𝐑𝐀𝐃𝐄 . . .𝐓𝐇𝐄 𝐑𝐎𝐀𝐑𝐈𝐍𝐆 𝐓𝐖𝐄𝐍𝐓𝐈𝐄𝐒. . . 𝐓𝐇𝐄 𝐃𝐄𝐂𝐀𝐃𝐄 𝐓𝐇𝐀𝐓 𝐂𝐇𝐀𝐍𝐆𝐄𝐃 𝐀𝐌𝐄𝐑𝐈𝐂𝐀!
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If the tax rate is over the effective tax rate, it's a tax increase. Where does the 6.11% amount come from?
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