Today is
Friday, November 23, 2007
Poor Return Investing In Ryan Country
The losers? Probably the taxpayers of the 1st Congressional District of Wisconsin. When our Rep.Paul Ryan became a key member of the House Appropriations Committee, he promised his constituents he would bring home even less.
With fewer high priority and responsible earmark requests and a negative return on Federal tax dollars within the district, expect property, school, sales and all other point-of-use local taxes and fees to rise, with or without inflation.
This report (pdf.) posted by the Sunlight Foundation clearly shows why one man’s pork is another man’s $4 million soybean crusher study. But it also came as no surprise that the majority of earmarks are requested none other than by the President. I can't blame him. If a representative doesn't specify how the money is going to be spent (they DO have the power of the purse), then it's up to the executive to spend it.
Paying taxes is an investment in our country. If Paul Ryan brokered a 401K, a private savings or investment account the way he represents his district in Congress, they would drop him in a wink.
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