How do you calculate there will be little difference in tax revenues? If the people already living in the area get the majority of jobs, who fills the jobs those people will be vacating to work for Apple? Or is everyone unemployed? If so, then the drop in dependency on state funds in the various forms of unemployment and welfare would have the same net effect as increased tax revenues on the local and state budget even if no other taxes are collected.[COLOR="
Well, Austin already has a huge tech industry. I may be mistaken (but I doubt it) that the jobs Apple will create will require some tech expertise. These jobs will most likely be filled by people already employed. Yes, the jobs that are then opened will need to be filled but as things 'trickle down' the total impact on tax revenues will not be the same as if that many new people move into the area
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Also, as I pointed out, I highly suspect any who do move into the area won't live in Travis county. If you lived here you would understand the geographical layout and understand that they will most certainly live in one of the surrounding communities that are NOT in Travis county.
I'm not disputing that this is a good thing. But saying that Travis county will reap the majority of the benefits is naive at best. Hence my statement that the city of Austin and the surrounding entities should kick something in too. Having seen this type of agreement given here in past years and seen the outcomes, I fail to see how the loss of the property tax revenues will be recouped by the county.[COLOR="#808080"]
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That's only for the president. All federal congress critters are directly elected by the people of their respective states. At one time the state legislatures selected senators, but that was (unwisely, IMO) changed by the 17th amendment.
It's always amazed me that people complain about their elected officials, and then turn around and re-elect them. I've never quite understood that phenomenon, much like I've never understood how Austin residents can vote to pass every bond issue (okay, pretty much everything gets passed, but we'll focus on one thing here) on the ballot & then complain that their property taxes went up (Am I the only one who actually bothers reading them?)
I read and research each and every one. Some I vote for and some I don't. But then I don't usually complain about my property taxes. I appreciate the amenities those taxes provide. But I do wish we had the option to vote on the same type of tax bennies that the city officials hand out all the time. Same goes for the state officials (re: Formula 1 race tracks at the same time we are in a deficit sitituation).