If you take Btown 2000 population of 25-64 olds this equals 7,370 less 6.1% unemployment leaves 6,920 working adults. 6,920 X 3,700 the estimated tax saving from no state tax equals $25,604,000. Per the state web site Btown received $14,018,762 in state aid in FY2008. Based on this local taxes would have to increase by $2,000 to make up for the loss of state aid. This leaves a net savings of $1,700.
The reason we will pay less in taxes is because you will not have the state taking a portion of our taxes before they return them to our town. As for state services I do not see anything that we should not be able to do as well or better at the local level.
Damn, why hasn't anyone else noticed!?!
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