« “Rich States Grow Faster by Taxing Less” | Main | Not Just Greedy, But Uncaring, Too »

The Greed of Arlington County Government

If you listen to the Left, it’s capitalists and conservatives and anti-taxers who are greedy.

Not so if you look at the facts. Indeed, it’s government that’s greedy, at least it’s our local government when you start crunching the numbers. For example, take a look at taxes in Table D-2 on page 171 of the recently published Comprehensive Annual Financial Report (CAFR) for Fiscal Year 2007.

In 1998, the county collected $331,868,850 while in 2007, taxes collected has grown to $714,434,824, or 115.3% more than in 1998. By comparison, the 1998 amount would have increased to $427,921,666, according to the CPI inflation calculator of the U.S. Department of Labor’s Bureau of Labor Statistics.

That means that if Arlington county government had lived within its means, i.e., lived within the bounds of inflation, it collected $286.5 million more than is justified by the growth of inflation. In other words, for every $2.00 in taxes collected by the county in 2007, the county should have returned about $0.86 to the taxpayers.

Greedy taxpayers? Not in our opinion! Rather, it’s greedy Arlington County government.


TrackBack URL for this entry: