Coral Gables: The Amazing Missing Taxpayers

Missing Taxpayer

Where are the electorate and taxpayers in Coral Gables.

For national and state issues the electorate is fiscally and socially conservative.

But for local issues there is a preference to let things take their course, except for very big issues like banning leaf blowers.  The city commission has approved additional taxes year after year with little actual community protesting.  The commission has favored labor unions and workers benefits over taxpayers, it has pushed its favorate projects (the Coral Gables Museum is a case in point), it has consistently ignored its fiduciary responsibility to oversee the administration of city leases, ad infinitum, and it has favored land owners, developers and the “too big to fail” UM.

In short, where are the amazing disappearing voters and taxpayers.

Taxes and Deficits: Not Peanuts

Most everyone understand the fundamentals; you can’t cut taxes and reduce the deficit at the same time (unless you are willing and able to cut medicare, social security and defense substantially–the rest of government spending is peanuts).

And exit polls suggested that even these more conservative voters get what the Republican Party leadership still doesn’t: that there is no way to tackle the deficit and slash taxes at the same time. Only 19 percent said cutting taxes was the top priority for the next Congress.

via Election 2010 – NYTimes.com.

The Republican Favor Deficit Financing (Is Marco Rubio a Keynesian?)

Some economics of the election.  Republican favor extending the Bush tax cut.  That will cause a large increase in the deficit (because the tax cut was approved to end now so the cost of reducing the taxes again is not included in the current government accounting–that was the original game).

The first item in Marco Rubio’s list of priorities is to extend the tax cut.  I would call him a Keynesian,  because the policy stimulates spending (somewhat and inefficiently) by increasing the deficit (that means more government borrowing).

People Still Believe in “Old” Florida and Coral Gables Growth

This proves that the old development coalition of developers and unions still think that Florida will return to its old growth of unfettered real estate and commercial development.  The mere thought of Amendment 4 sent land owners in Coral Gables running to the city commission for building zoning exceptions for downtown Coral Gables, and the commission jumped right into the game.

What is almost certain is that it will be a decade before any recognizable real estate investment returns, and it will have to take an entirely different form; so with or without Amendment 4, Florida will never return to the old model of population growth and real estate leading the state’s growth.  George Merrick is certainly turning over in his grave.

Our leaders will have to find a new growth model based on educating people–it is people who count, not land.

Amendment 4 would have required voter approval to change city, town and county comprehensive land-use plans.

Opponents included business groups, developers and some labor unions and they spent more than $12 million. They said Amendment 4 would seriously damage the economy, cost jobs and make it more difficult to lure companies to the state. They also said it will also cost municipalities tens of thousands of dollars or more to run the required elections.

via Florida voters reject land-use amendment – Politics AP – MiamiHerald.com.