I'm so sick of the "it doesn't raise taxes" lie that the supporters of bond measures keep stressing. Where on earth do they think the money comes from? Off of trees? There is over $17 Billion in bonds on my ballot (I'm in CA). $17 BILLION! That will take $34 BILLION to pay back!
There is no free money. The money to pay for these bonds comes out of the general fund! Then there's not enough money in the general fund to pay for the things that are normally paid from it. So more bonds must be issued or taxes must be raised to keep things going. But the taxes aren't raised to "pay for the bond" - they are raised to keep the government going because all the money was used up paying for the stupid bond.
Why don't people understand this?!?!?
Why do voters keep swallowing this "doesn't raise taxes" lie?!?!?
Answer by akinbottom2 at 7:57 PM on Nov. 2, 2008
Answer by kaycee14 at 8:01 PM on Nov. 2, 2008
Answer by akinbottom2 at 8:32 PM on Nov. 2, 2008
Answer by thisnametaken at 8:52 PM on Nov. 2, 2008
Answer by kaycee14 at 11:05 PM on Nov. 2, 2008
Answer by thisnametaken at 11:14 AM on Nov. 3, 2008