Saturday, May 24, 2008

Banks prohibited because they produce no sales tax

Some Texas cities are beginning to restrict where banks locate. Why? Because banks don't produce any sales tax revenue. Holy Mackeral!! This opens up all sorts of opportunities for local governments to abuse their power. Anything that increases revenue is ok.

Our elected officials live in a bubble along with other TaxTAKERS who apparently believe their only mandate is to maximize revenue to feed the government beast. The ends justify the means.

Link HT: Empower Texas