Did you know that in order to raise your own taxes, all you have to do is…nothing? There’s a Scottsdale property tax election less than a month away, and if more than half the pitiful, typical percentage of Scottsdale residents who show up vote for it, you get new taxes whether you wanted them or […]
Nordstrom Garage Scam
Lynn Hume (@BondBuyergirl) of The Bond Buyer reported this week that tax-free muni bonds issued by the City of Scottsdale’s “Municipal Property Corporation” (aka, “MPC”) to pay off a deal with Scottsdale Fashion Square may not comply with the federal tax code. An IRS agent told the MPC, a nonprofit that can issue bonds on […]
New Taxes on Scottsdale Property Owners
ARGUMENT “AGAINST” THE BONDS Bonds equal Debt. Federal debt, deficits, and borrowing are bad. Are they not equally bad in Scottsdale? Borrowing has its place, like for construction of new infrastructure. Maintenance however, should be budgeted. Scottsdale’s had years and tens of millions of dollars’ worth of unconstitutional, taxpayer-funded subsidies for the PGA, the NFL, […]