Monday, June 6, 2016

Greensboro City Council plans regressive tax increase on Greensboro's poor tomorrow night

https://greensboro.legistar.com/Calendar.aspx

The City of Greensboro is proposing making poor people pay more
so the wealthy pay less as a percentage of income
and they have been doing it for years

These folks don't know what shame is, 
they just roll with it as the News and Record and friends are so financially illiterate
they can't figure it out enough to inform the majority of Greensboro's public of the scam

Our 'liberal' City Council really isn't; 

0.0002196 + 0.0004 = a $61.96, call it a $62 tax increase for an average City of Greensboro household, 
with two cars and about the same water usage;

If you make $100,000, your taxes will go up $62, or 0.0062% of your income,
which is less than a tenth of one percent of your income

If you make $50,000, your taxes will go up $62, or 0.0124% of your income,
which is more than a tenth of one percent of your income

If you make $30,000, your taxes will go up $62, or 0.02066% of your income,
which is more than a two tenths of one percent of your income

If you make $20,000, your taxes will go up $62, or 0.031% of your income,
which is more than a three tenths of one percent of your income.
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City Council is for fucking poor people more than they already are to pay for handouts to rental owning financial backers.  Touting "no property tax increase" as they shaft Greensboro's poorest is blatantly lying to our community.

They don't mind kicking 'East Greensboro' residents in the nuts a little bit more, but that City Council's African American league is in on it is disgusting.

They can shit where they eat as long as Margaret Moffett and John Hammer let them get away with it.
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The water rate increase will cost more for a family making $50,000 per year
than $100,000 per year, who use about the same amount of water

$1.83 per month x 12 = $21.96 per year

$21.96 / $100,000 = 0.0002196 increase

$21.96 / $50,000 = 0.0004392 increase

$21.96 / $30,000 = 0.000732 increase

$21.96 / $20,000 = 0.001098 increase
meaning Greensboro's City Council is going to tax the poor to please their paymaster donors
who make a whole lot more, and will be taxed less by a 'liberal' group of 'Say Yes' men and women

Greensboro's poorest don't know they are going to get the shaft
just like last year, and the year before

Legal theft this will be, from the poor for the benefit of the rich
by Greensboro's City Council