Methods  to  Determine  Whether  State  and  Local  Governments  Have  Excesses  of  Your  Tax  Dollars

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State Governments Have $611 Billion of Your Tax Money That They Are Not Using.

That Equals $2,145 for every man, woman, and child in the U.S.A. or $8,580 for a family of 4.

If the $611 billion was returned to the taxpayers this is what would happen:

  (In Billions) Surpluses
Effect  		 Per    Capita Family of 4    
  The surplus is returned to the taxpayers. $ 611 2,143 8,572  
  Wages are increased. $ 306 1,074 4,294  
  State government revenues increase. $ 122 429 1,716  
Local government revenues increase. $ 98 343 1,372  
  Federal government revenues increase. $ 244 858 3,432  
  Total Benefits...   4,847 19,388  

In addition, 12.2 million jobs would be created. There would be a labor shortage in this country. Businesses sales would increase astronomically.

It would create the greatest economic expansion in the history of not only this country, but of the world.

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37 States and Arizona Cities and Counties——>

These 37 States represent 93.5% of the U.S. Population.

 

A Yahoo Group has been established for discussion, question and answers regarding this site and the Comprehensive Annual Financial Report (CAFR). It is called CAFRNews and can be accessed at http://groups.yahoo.com/group/CAFRNews and click on "View All Messages". Also, you may post your questions or comments at: CAFRNews@yahoogroups.com. Remember, there are no stupid questions. If you do not know, then ask. If you have an experience regarding State and local government taxes, CAFR, etc. we all can share in, give us your experience.

 Purpose of This Site:

Prove that State and local governments have huge excesses (surpluses) of the taxpayers money they are not using.

Provide the methods/tools for about anyone to determine the amount of surpluses their State and local governments have of their money.

Demonstrate the huge economic impact if these surpluses were returned to the people.

Provide a guide to the type of legislation that should be in place in order to prevent the surpluses from accumulating in the future.

Provide a system for a small group of individuals to make an impact in their community.

Did You Know:

 State and local governments can have simultaneous budget deficits/shortfalls and financial surpluses? Once you understand how this can occur, the rest is easy.

When Governments lower taxes, government revenues increase?

The budget is only a planning and monitoring document? If you want to know the real financial status of a government, review the Comprehensive Annual Financial Report (CAFR).

Businesses do not pay taxes?

A property tax reduction is not the right approach to reducing taxes?

An income tax reduction always benefit the wealthy?

Government debt reduction or debt elimination is foolish?

Electric outlet sealers can save you 10% on your energy costs summer and winter for about $20 per residence?

China is polluting our air? That is why the Kyoto Protocol is so absurd.

Have you met CAFRman yet?

Respectfully,

Gerald R. Klatt
Lieutenant Colonel, USAF (Ret.)
CAFRman
 (Qualifications can be viewed on site.)