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The Myth of Sarah Palin as Tax Cutter and Budget Cutter

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spindrifter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-02-08 02:48 PM
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The Myth of Sarah Palin as Tax Cutter and Budget Cutter
Anne Kilkenny reports from Alaska:


During her 6 years as Mayor, she increased general government expenditures by over 33%. During those same 6 years the amount of taxes collected by the City increased by 38%.

She inherited a city with zero debt, but, despite the increase in taxes,left it with indebtedness of over $22 million.

What did Mayor Palin encourage the voters to borrow money for? Was it the infrastructure that she said she supported? The sewage treatment plant that the city lacked? or a new library? No. $1m for a park. $15m-plus for construction of a multi-use sports complex which she rushed through to build on a piece of property that the City didn’t even have clear title to, that was still in litigation 7 yrs later--to the delight of the lawyers involved! The sports complex itself is a nice addition to the community but a huge money pit, not the profit-generator she claimed it would be...While Mayor, City Hall was extensively remodeled and her office redecorated more than once.

And as governor, as have already pointed out. Palin proposed a $750 million oil tax increase (bad enough). But it came out of the legislature at over $1.5 billion. According to Alaskan Andrew Halcro, "she signed it saying she thought it was close enough."

<more>

http://www.economicpolicyjournal.com/2008/09/myth-of-sarah-palin-as-tax-cutter-and.html
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