Well first off let me clarify that I don't know what percent of the city they actually own. I threw the number out as a mirror of your number and to point out a relationship that I thought was important.
Let me give a simplified analogy.
Say you own 100% of a family farm. And you get 100% of the income from it. It would be hard to argue that someone who owns no part of your farm and gets none of the income from it should pay to do needed improvements of your farm.
Now say you sell 20% of your farm to your uncle. You still have these improvements that the farm needs and they are going to cost some money. How much of the money should come from you (ownership 80% - profits 80%) and how much of the money should come from your uncle?
Now if this still doesn't do it, change the word farm to city, and the word profit to benefit.
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re: I don't know what you mean...
The whole thread (44 posts)
- I do not understand something about *this* recession...[big surprise]
- There was well over 200 billion worth of tax cuts in that stimulus package
- Once the markers were called...
- (targeted) government spending produces more jobs than tax cuts.
- re: I do not understand something about *this* recession
- Money
- Because this time, the tax cut came first.