APR JUN AUG
2003 2004 2005
23 Jun 02 – 24 Aug 12
The Truth About State and Local Governments Having Excesses of Your Tax Dollars They Are Not Using.
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Arizona Counties and Cities
State Governments Have $612 Billion of Your Tax Money That They Are Not Using.
That Equals $2,149 for every man, woman, and child in the U.S.A. or $8,596 for a family of 4.
If the $612 billion was returned to the taxpayers this is what would happen: (In Billions) Surpluses
Effect Per Capita Family of 4
The surplus is returned to the taxpayers. $ 612 2,149 8,572
Wages are increased. $ 306 1,074 4,294
State government revenues increase. $ 122 429 1,716
Local government revenues increase. $ 98 343 1,372
Federal government revenues increase. $ 244 858 3,432
Total Benefits… 4,849 19,396
In addition, 12.2 million jobs would be created. There would be a labor shortage in this country. Business sales would increase astronomically.
It would create the greatest economic expansion in the history of not only this country, but of the world.
Purpose of This Site: = Links
Prove that State and local governments have huge excesses (surpluses) of the taxpayers money they are not using.
Provide the methods/tools for about anyone to determine the amount of surpluses their State and local governments have of their money.
Demonstrate the huge economic impact if these surpluses were returned to the people.
Provide a guide to the type of legislation that should be in place in order to prevent the surpluses from accumulating in the future.
Provide a system for a small group of individuals to make an impact in their community.
Did You Know:
State and local governments can have simultaneous budget deficits/shortfalls and financial surpluses? Once you understand how this can occur, the rest is easy.
When Governments lower taxes, government revenues increase?
The budget is only a planning and monitoring document? If you want to know the real financial status of a government, review the Comprehensive Annual Financial Report (CAFR).
Businesses do not pay taxes?
A property tax reduction is not the right approach to reducing taxes?
An income tax reduction always benefit the wealthy?
Government debt reduction or debt elimination is foolish?
Electric outlet sealers can save you 10% on your energy costs summer and winter for about $20 per residence?
China is polluting our air? That is why the Kyoto Protocol is so absurd.
Have you met CAFRman yet?
Gerald R. Klatt
Lieutenant Colonel, USAF (Ret.)
(Qualifications can be viewed on site.)