Measure B Perpetual Tax
Original post made by Bill on Jul 26, 2012
The 2012 Measure B perpetual tax states that it will generate 7.8 billion dollars over 30 years. Measure B is combination of adding the previous tax of 1/2% and Measure B 1/2%.
So lets say the 2000 measure was taken out to 30 years. Instead of 1.4 billion it would have generated 2.1 billion. Doubling this number gives 4.2 billion.
Where does MTC get that Measure B will generate 7.8 billion dollars, especially when sales receipts have actually fallen?
on Jul 26, 2012 at 1:16 pm
The current Measure B does not expire until 2022. Web Link
Basically, this is an attempt to double tax the electorate with a permanent tax with no accountability by authorizing a new tax that does not expire ON TOP of the old tax that again does not end until 2022.
Crooks! I'll be voting NO!
on Jul 26, 2012 at 5:43 pm
Always vote no on a permanent tax.
Taxes we vote on should have expiration dates and the agency can always put back on the ballot to extend and they will pass if the public fees the agency is using the money wisely. If there is no expiration date, even the legislature could not stop this tax (not that they would ever try to stop a revenue stream).
I don't care if they say there is an "independent oversight committee". Those committees are always appointed by the agency so there is really no independent oversight.
Vote No on any permanent tax.
on Jul 26, 2012 at 11:36 pm
I'm in the mode of voting NO on all taxes because I just don't think the tax money is used with care. It seems to be squandered. I'm not a tea-party person...I'm just myself...and I think we need to reel in the heavy spenders in government. So, it's no on this Measure B tax for me too.