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New business opportunity in Manchester!

by: The Money Magician

Thu Jun 04, 2009 at 20:39:39 PM EDT


Are you in the money-laundering business?
No?     Are you sure?
If you're a Manchester taxpayer, then starting July 1st, you will be.  Congratulations!
But don't worry - it's all perfectly legal, and you'll be doing it for a good cause - the city needs your help to balance the 2010 budget.

It's really neat!  Here's how it works, in just three easy steps:

Step 1:   The city accepts $7.4M in additional state education adequacy funding, and gives all 100% of it to the school district.  All of it.  Every last penny.  Because it's the law.  And because Ted said that's what we're doing.

Step 2:   The city takes a different $6.1M from the school district and - yippeeeee - gives it to you by reducing the school tax rate from $6.00 to $5.38.  I'm not sure how you can tell that it's different money from the money in step 1, but it is.  It is, because Ted says it is.  You don't need to know any more.  If you don't get it, just sit down, and shut up already.

Step 3:  Not so fast... you didn't think you'd get to keep it, did you?  The city takes back the $6.1M from you by increasing the municipal tax rate.  But because it came from you, not the state, it's now "clean" money, unencumbered with any of those nasty education strings, so it doesn't have to be wasted on other peoples's brats.

Thanks for doing your part.  Isn't it clever?  Isn't it smart?  It's like those wormholes in space - the money disappears down one end, and just magically pops out at the other, lickety-split!

Wormholes are cool.  We need somebody who can think like this to be our mayor, don't you think?  
Then we'll truly be, as Ted says:
          "Manchester - a community of the ...hole."

The Money Magician :: New business opportunity in Manchester!
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that includes worm holes...I always knew Teddy was a different specie, from a hole in the galaxy. Thanks for the worm's eye view of things TMM, and welcome I don't think I've caught your act before.

If the kids can't bop to it, it's bombsville.

Wesing Expenses (0.00 / 0)
Nowadays we really need some extra cash to survive in times of recession. This will be a great opportunity to my boyfriend and me to settle down. We all know that wedding preparations need more loans and saving to have not to luxurious wedding instead just simple and elegant one. I'm just being practical.  (See also: http://personalmoneystore.com/... ) One of the biggest expenditures a person will make in their lifetime is on wedding expenses.  Wedding expenses have skyrocketed over the last couple decades, thanks in no small part to marketing departments finding something else to cash in on and inflate cost.  It takes some hefty personal loans to put one on - over $20,000 is the average - that's a lot of money.  Then you have wedding gifts, and after all of it are said and done, the marriage begins.  (Technically a violation of the 8th Amendment provision against cruel and unusual punishment.)   Most of the costs are consumed by jewelry, favors, and venue, but most wedding expenses brings a need for debt relief.

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