Recently our fine mayor, Poops, as his family knows him, decided to brag in the rag serendipitously funded by his close friends (something those supposed rogue journalists don’t tell folks) about how our building permits are hitting records.
They are.
But not because of private industry, profit and the amazing benefits of the free market system but because the taxpayers of this community are propping up building permits that we really shouldn’t be counting or paying for. Public projects and non-profits should NOT be counted as building permits valuation.
We have to pay for the project on the front end, we have to pay for the interest and bond payments, and we have to maintain the facility. Building multi-million dollar projects paid for by taxpayers is NOT progress, it is regression (in financial obligations), and with the amazing growth in this city with PRIVATE new construction, the taxes should come in and up naturally, but they don’t because of the welfare tax system.
In his article he claims;
• $170 Million for wastewater
• $50 million for private parking ramps
• Airport parking ramp
• SD One Stop office building
• Multiple non-profit facilities
Not only do we get ZERO property tax revenue from these projects, they cost us, A LOT! Not sure how you can brag about building permit progress, when the projects are being funded by taxpayers and non-profits that pay no taxes.
I get it, multiple contractors in our city are working on big projects, and ironically, you and I are paying for it.
Break out the bottle of champagne, let’s celebrate spending my tax dollars on stuff I don’t give a sh!t about!
The private sector in this community is like a baby’s diaper that just isn’t quite full enough, but smells to the high hilt.