Monday, December 19, 2016

Anyone who said Greensboro didn't raise taxes last year was lying very much


"...The proposed budget also includes a recommended increase in the Annual Motor Vehicle License Fee from $10 to $30 per vehicle..."

$30 - $10 = $20 increase for every car in every household

If the average household has two cars, it's a $40 annual increase 

$40 / $100,000 = 0.0004 increase

$40 / $50,000 = 0.0008 increase

$40 / $30,000 = 0.00133 increase

$40 / $20,000 = 0.002 increase

Greensboro's poorest don't know they got the shaft
just like last year, and the year before, 
from a City Council who a reaping revenue on regressive taxation of the poor 

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

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.

The City of Greensboro is proposing made 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 are quite the vermin,
as they're not even liberal 

Greensboro City Manager Jim Westmoreland recommends regressive tax increases on Greensboro's poorest citizens

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