We have discussed here land grabs in the West, but this essay is about how cost of government is a confiscation of much a much larger consequence.
Mr. Bargo says that Illinois is the worst example with large segments of local and state tax burden devoted to pensions and benefits for public employees, HOWEVER, Mr. Bargo didn’t look at the big picture where Illinois may be a bad deal for the taxpayer, other states are confiscatory too. Texas is thought to be a small government low tax state, but did you know that Texas imposes a pretty hefty burden in property taxes, for example and then there are those sneaky license fees and user fees to satisfy the maw of the leviathan.
Think about that. I own my house but local government really just rents my place back to me for tribute.