- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- South Carolina
- West Virginia
The following letter was sent to all of Tennessee's Members of Congress:
Dear Member of Congress,
Runaway spending has buried the United States in debt, causing us to hit our statutory debt ceiling at $14.3 trillion. For months, lawmakers have been debating whether we should raise that debt ceiling and how to get the governments finances in order. There is only one plan that will solve Americas debt crisis: Cut, Cap and Balance. No other plan will avoid the looming credit rating downgrade that the rating houses have indicated will occur unless we dramatically cut our deficit. The Boehner plan will not do it, and the Reid plan will not do it.
Even before the money is in the bank, TN state Democrats have a plan to spend potential tax revenue should optimistic projections prove accurate.
State House Democrats proposed legislation that would direct any extra revenue to new spending programs; ostentatiously ignoring the need to drastically cut spending in the state's budget only a few short months ago.
AFP-Tennessee is non-partisan; we would chastise either Party for proposing new spending from Nashville while the nation is focused on how to rein in the unsustainable size of government. That the leadership of the Democrat Party in the TN General Assembly thinks now is a good time to commit to new spending is out-of-touch and exactly the type of politicking that got us into this financial mess in the first place.
Since 2008, America has struggled through what many call the Great Recession. The real unemployment rate has risen nationwide to 16.6% with underemployment at 18.4%, meaning that at least 35% of Americans are much worse off today than they were three years ago.
In Williamson County, TN we have fared better than the national average, but with a local unemployment rate of 6.6%, many families and small-businesses are hurting.
Yet, while most of us have tightened our belt since 2008, Williamson County government has increased spending by 13%!
Residents of Chattanooga saw their property tax bill increase by 19%, thanks to city leaders who decided that in the midst of 8.4% unemployment and rising home foreclosures now was a good time to increase the tax burden on the citys taxpayers.
Chattanoogas families and small-businesses have weathered the economic storm of the last three years with tremendous resiliency. Yet, still too many individuals and businesses in the community are unable to make ends meet. In April alone there were over 100 Chattanoogans who had filed for bankruptcy.
It is preposterous that city leaders raised property taxes by 19% in order to turn around and give raises to city employees.
Last night the Memphis City Council raised property taxes by 18 cents per $100 of assessed property value; generating an additional $45 in tax revenue for a $100,000 home bringing $20 million in new revenue to the City.
The most absurd part of this tax increase is not the increased burden council members put on a local economy with double-digit unemployment although thats pretty awful whats absurd is calling this a one-time tax increase.