7.013.0503 / Just Taxation or Legal Plunder ??
STD MuniBonds Are Multiplying Like Rabbits & Driving Up Your County Tax Bill In The Process
Sustained Growth & Prosperity …
Require Private Capital !! Texas became a state in 1845. In order to secure & manage Texas’ vast regions, legislators defined requirements for forming counties. As these requirement were met, charters were issued, that made each county Texas’ primary agent in that region. Those charters authorized counties to levy & collect taxes, employ constables to keep the peace & to promote growth & prosperity of Texans. Thus, each county became a MiniTexas Government and Texas’ first Special Tax Districts (STD).
An Expanding Network of Other STDs …
was authorized to levy & collect taxes. Determined not let a good thing to go unexploited, legislators gradually expanded the definition of STDs. That’s why, Texas is now blanketed with an expanding & intricate matrix of >3,250 STD’s in all 254 counties.
Attracting Private Capital …
is critical for any County that wants growth & prosperity. In an effort to encourage private investors to inject their capital into counties, legislators expanded the definition of STDs to allow private investors as well as state bureaucracies to sell municipal bonds and have county tax payers pay them off.
We Are All For Growth & Prosperity
However, … We Are Totally Against
KleptoCrats & Scam Artists
Who Constantly Enrich Themselves By
Dipping Their Beaks In Flowing Streams
Of Our Tax Dollars & Creating Annuities
For Themselves & Their Families That Are
Financed By With Our Tax Dollars
Success Encourages Copy Cats …
Things took off in the early ‘60’s with Ft Bend County’s STD MuniBond successes. Land developers worked with politicians to form STDs, issue bonds. New county tax payers moved into their developments and they payed off the corresponding bond debt. In no time, Ft Bend county was the fastest growing county in Texas. Land developers, politicians & bureaucrats, in the know, got richer as the entire economy in southwest quadrant of Houston exploded. That growth quickly spread to neighboring counties as the value of STD MuniBonds in attracting private capital was validated over & over again. State legislators & county leaders scrambled to get in on the act and find even more creative ways to exploit STD MuniBonds.
Today, The Number Of Types Of STDs Is Limited Only By The Creativity Of Your State Legislators & The Ability Of County Judges & Commissioners To Sell Them To Tax Payers.
All Hail The Risk Takers …
They are the heros who create & maintain prosperity needed for you & your county to thrive. They inject capital their capital into the counties whose commissioners & judge offer arrangements that produce the highest return on their investment in the shortest period. It’s their choice & it’s strictly business. They have the gold and it’s all about the numbers. Their capital is the Seed Corn that produces wealth & prosperity that sustains & makes your county grow. Starting in the ‘60’s, STD MuniBonds turned the sugar cane & sheep herding fields of Ft Bend County, Texas into one of the fastest growing counties in the USA. Land developers, bankers & politicians got rich & homes & infrastructure was provided for millions who moved to southwest Houston.
Let’s Be Very Clear !! ..
We greatly respect the courage & creativity of private investors. They are the real leaders who bring prosperity to Texas.
Success Creates Many Opportunities For Abuse & Human Nature Never Takes A Holiday !!
Thus, it is not surprising that bureaucracrats grabbed their coat tails & created their own STDs. Have ever wondered how bureaucracies easily finance their continuing explosive growth with ease ?? Have you ever wondered why & how local politicians get rich ?? Selling STD MuniBonds is one of the most lucrative ways politicians & bureaucracts use Your Tax Dollars to fund their growth & to spread Social Justice. This article will begin the process of introducing you to different types of STDs & the bureaucracies that issue & manage them. Like all of our articles, we would like you to look at this article as part of a study guide that simply shows you some of the places to dig.
Taxation & Legal Plunder …
go hand in hand whenever human being are involved. You pay your taxes. In return, you expect to receive equivalent value in the form of specific public services. The exchange, between you, your county & the state of Texas should be fair. This is possible as long as there no one is stealing or abusing the trust you have extended, …. and as long as you are able to quantify the benefits you receive. Face reality, all taxation is subject to corruption. The distinction between Just Taxation & Legal Plunder hinges on the relative value of the service you receive from the cumlative taxes you pay each year. The politicians & bureaucrats you place in office are your fiduciaries. Their decisions will either bad or horrible. Either way, they directly impact your county tax bill. If they chose poorly, & you have not been involved, the fault is all yours and yours alone.