TAKING MONEY OUT OF THE POCKETS OF PRIVATE ENTREPRENEURS
DON'T LET THIS HAPPEN TO YOUR TAX DOLLARS! It may be reckoned, with the lower end of assessments to support the unwanted and unnecessary county healthcare district (25 cents on each $100 of valuation), that approximately 50 million dollars would flow into the district's coffers annually. Looked at another way, that would represent several million dollars that many small businesses in Cameron County could be missing. Oh, sure, the proponents will say that the district's bureaucracy will be spending freely locally, and that its projects will spread greenbacks throughout the economy. But, is that actually true? There is a fallacy that has been circulated for as many decades as I can remember, namely that a multiplier effect from government spending of $1.00 will result in a positive $2.00 effect on the economy. However, the outcome of the expenditure by the government of $1.00, in reality, produces a negative multiplier. Quite simply...