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Wants less ‘soap box drama’

February 9, 2013

To the editor: Addressing the City Council vote to raise taxes, may we please leave the “soap box drama” and childish tantrums out of this equation — and put some common sense in place? No Fort Dodg......

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(6)

Anderson

Feb-09-13 7:53 PM

It's the roads and education that are the really costly items, Madvette, and all benefit equally from them. All capital is invested in expectation of some return, which may - and does - vary widely from one investment to another, but taxes on other real estate, business or rental, do not vary relative to some hypothetical "productive" value or return on them. All special tax consideration for one type of investment over another distorts the price of any real property involved compared with other property . The same is true for every other public subsidy for any type of investment or business. and each such extension is one more step on what Hayek so rightly pointed out is "The Road to Serfdom." His book by that name is a necessary read to understand the difference between collectivism and individualism and the threat of a centrally-directed economy to liberty.

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spirits

Feb-09-13 2:18 PM

Have you ever thought about what would happen if "we the people" actually took over the city government? While some of you on here seem to have a grasp on what it takes to run a city, I don't think the average citizen does. There are so many sides to every situation that comes up, that a simple yes or no is seldom possible.

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TAXEDENOUGH

Feb-09-13 12:52 PM

"may we please leave the "soap box drama" and childish tantrums out of this equation" Good idea but then the writer brings up Taylor and Wilson. Guess the writer does not believe in what she really said. Sounds like she is getting on the "soap box drama" with the people she don't like.

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MadVette

Feb-09-13 12:28 PM

The reason farms are not taxed like houses is because they are taxed on income potential. A friend of mine took in 52000 on 200 acres which is 260 an acre. Not everyone is getting the 400+ rent that you keep hearing about. He paid about 6000 in property tax which is 11.5 percent. Then he paid income tax on the rent as well. Something you don't pay on a house. Also farm ground does not use much in police or fire services.

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Anderson

Feb-09-13 11:09 AM

Usual thoughtful contribution, Trooper?

Funding problems of Iowa's small towns, special taxing jurisdictions and, to a lesser degree, its smaller cities, which exist to serve surrounding rural areas also, are not helped by a property tax system that values $10,000+/acre ag land at a small fraction, residential property at 57%, and commercial property at 100%, of their market prices. No one seems to appreciate how this distorts - "unfairly" as Obama would say - revenues of the various taxing jurisdictions and inhibits non-ag investment and overall economic growth. Every distortion of market forces creates others, each of which leads to creation of another special interest subject to political manipulation and corruption.

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FDTROOPER

Feb-09-13 9:26 AM

Taylor and Wilson are Bipolar idiots...

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