[Winona] Property Taxes Over Last Four Years: Star Tribune Article

Glen Schumann gschuman at hbci.com
Thu Oct 19 12:10:59 CDT 2006


It might be useful to remember what happened when Congress decided to go
after the rich with a tax on luxury yachts.  It was called "unemployment"
for those working in yacht building and their suppliers.
 

Glen Schumann
Winona, MN

gschuman at hbci.com
Phone: 507.454.3056
FAX: 507.454.3056

www.hbci.com/~gschuman



 


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From: winona-bounces at mnforum.org [mailto:winona-bounces at mnforum.org] On
Behalf Of Bothuns
Sent: Thursday, October 19, 2006 10:01 AM
To: 'Kelly Herold'; 'E Democracy'
Subject: RE: [Winona] Property Taxes Over Last Four Years: Star Tribune
Article



"the super rich may not create many jobs but do create some."

 

I think this is one of those statements that most people have been convinced
is probably true, but again, I'm not so sure.  Does the money spent by the
super rich create the same number of jobs as it would if that amount of
money were spent by a larger group of simply well-to-do people, or average
people?   I just read an article a few days ago about a $20 million dollar
diamond-frosted wedding cake.   You gotta believe they are ways to spend $20
million that would create more jobs than a single wedding cake.

 

I suspect that a similar amount of money being spent by a larger group of
people would result in the purchase of a greater number of lower priced
products and the creation of more jobs.  The siphoning-off of large sums of
money into a few hands may just cause a net decrease in jobs.   I'd love to
argue this point with someone who can cite research on the matter.  I've
seen plenty of theories but not much data.

 

Bryon


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From: Kelly Herold [mailto:kherold at winona.edu] 
Sent: Thursday, October 19, 2006 9:13 AM
To: Bothuns; 'E Democracy'
Subject: Re: [Winona] Property Taxes Over Last Four Years: Star Tribune
Article

 

Byron,

Fair enough - the super rich may not create many jobs but do create some.
However in the U.S. small businesses create around 80% of all jobs.  And yet
these small business owner get few of the break large corporations do.

Kelly


On 10/18/06 6:28 PM, "Bothuns" <bcbothun at hbci.com> wrote:

"Some would argue that the super rich create jobs and I agree."
 
Not me.  Consumers create jobs, plain and simple. The owners of places like
Wal Mart didn't become "Super Rich" by creating jobs.  They did it by
eliminating jobs, or paying lower wages for them.  Corporations love to hold
our jobs hostage for a ransom of tax loopholes, but they need access to our
buying power more than we need the benefits of their "business acumen".  
 
How many jobs do you think would get shipped overseas if those companies had
to keep the resulting products over there with them? The super rich need us.
We'd be just fine without them.
 
Bryon Bothun


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From: winona-bounces at mnforum.org [mailto:winona-bounces at mnforum.org]
<mailto:winona-bounces at mnforum.org%5d>  On Behalf Of Kelly Herold
Sent: Wednesday, October 18, 2006 7:53 AM
To: LindaF; E Democracy
Subject: Re: [Winona] Property Taxes Over Last Four Years: Star Tribune
Article

Cost of living and inflation eat up many of our taxes - but to be honest the
tax breaks given to the top 1% of our citizenship is the price we all pay.

In Minnesota alone around 25,000 folks making 300,000 or more have realized
an overall tax decrease while those in the shrinking middle class have seen
a tax increase.  

The fee based initiatives also shift much of the tax burden to the middle
class.  

When CEO are retiring with 100+ million packages and other compensation
sweatheart deals the middle class continues to work itself to death.

Some would argue that the super rich create jobs and I agree.  But the
overall job creation, are over the past decade, undeniably moving towards
less paying, low benefit service jobs.  The productivity realize by industry
can be attributed to mainly two things - increased hours of current workers
and shipping jobs overseas.


As a result - the shared cost of sky rocketing health care, inflated
housing, and unfair tax burden continues to 
erode the back bone of America, Minnesota and small communities like Winona.

Kelly

On 10/18/06 6:47 AM, "LindaF" <lbfort at ridge-runner.com> wrote:
[Winona Online Democracy] 


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While I don't doubt your numbers are correct I don't think you are comparing
apples to apples.
My daughter and son in law live in Onalaska.  I am going to look at her tax
statement the next time I am at her house.   I believe they are paying
higher taxes in Wisconsin because more is taken out of that fund for various
projects than in Minnesota.
 
Linda Fort


[Winona Online Democracy]

 

  


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While I know that residential property taxes have gone up, especially  last
year with the school referendum, please keep in mind that homestead
property taxes in Minnesota are less than half on a comparably valued home
in  LaCrosse. I checked the LaCrosse County web site this morning and a
house  valued at $183,000 had taxes of $4,700. A house in Winona at that
value  carried a 2006 property tax of just less than $2,000.

 
 
My  point--While the increases sure seem to be a bad trend, it could always
be  worse.

 
 
Stephen Hacken

Winona County Assessor

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