If a city has an economy doing as well as Austin’s, which is the envy of the country, then city leaders should not be looking at a tax increase of any sort.
That assessment by Austin Mayor Lee Leffingwell is spot on and cuts right to the heart of what is wrong with the city’s proposed 2013-2014 budget advanced by City Manager Marc Ott, which again calls for increasing property taxes on homeowners and businesses. It doesn’t add up financially — or logically — that the city should be raising taxes at a time when it is raking in considerably more money from various sources, including rising property values, sales taxes and new business and construction.
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