Rob's House Posted July 6, 2012 Share Posted July 6, 2012 Exactly! Most of the time it seems stupid... But NOLA is the busiest port in the counrty. Unfortunately economic success trumps common sense. Back in the old days, the rich and affluent would build on high ground. Take the Upper MS river and the floodplain around there... Go to the bluffs around there... And that is where all the old money is. If the port does enough business such that its value offsets its risk then it should be able to support it's own insurance costs. If not, its economic viability is a mirage. Link to comment Share on other sites More sharing options...
ExiledInIllinois Posted July 6, 2012 Share Posted July 6, 2012 I agree. The port does way more to offset. But why have that money tied up when you can freeload. Well, that is their logic... Not mine. The powers that be know how to game the system. Link to comment Share on other sites More sharing options...
Alaska Darin Posted July 7, 2012 Share Posted July 7, 2012 20% flat tax for all income under 1 million for that fy. over 1 million, tax rate is 30%.... would anyone be against this? also a balanced budget amendment with emergency exceptions, war, depression, etc... why is this so hard? As long as that means no other federal taxes on anything, sure. And while you're at it, force through a Balanced Budget Amendment. Link to comment Share on other sites More sharing options...
tomato can Posted July 9, 2012 Share Posted July 9, 2012 This is the eternal debate. Theory holds that flood plains also offer best agriculture, so there's a benefit. Yet I doubt anyone has done true cost - benefit analyses. At the very least it provides ample opportunities for people to build risky developments knowing that taxpayers will foot the bill. An extension of this is building along Florida coastline. The unbelievable part is that the people building these homes are all very wealthy people. Screw Derk Jeter. If he wants to build a mansion on the coastline in Florida then let him pay to re-build it when a hurricane knocks the thing down! This guy has made a fortune playing baseball. They are always looking for places to cut money they need to start right there and then move on to cutting the tax subsidies for John Bon Jovi, Bruce Springsteen, & Scott Pippen to name a few. They all own large acres of land and let someone farm a small area of that land and pay 200 in real estate taxes! Bon Jovi neighbor was pissed. He got 10 acres of land and paid $200 in real estate taxes and she had one acres and paid almost $6,000 for the year. As long as that means no other federal taxes on anything, sure. And while you're at it, force through a Balanced Budget Amendment. I totally agree! Flat tax all the way! Link to comment Share on other sites More sharing options...
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