finance exercise

Activities Lecture: "Who Does What To Whom?" "De Facto and De Jure Reasons for the Finance System". Reading: Rubin Ch 9, The Constitution, The Declaration of Independence, Federalist Papers 10 and 51 Finance Exercise: "To Tax Or Not To Tax". Submit to Drop Box Assignment Each year, both state and local legislator ask themselves the Shakespearean question..usually with property tax increase. But, what other options are there for raising revenues? During the first couple of weeks, we went over the New Paradigm that Finance Directors operate in these days - one of the primary focal points is finding new sources of revenues to replace the need for property tax increases. You now know about the "The 3 Big Taxes and how to evaluate now taxes and fees, 60 now you're ready to put forward your ideas on new sources of revenues! As you can see from the attached article conveniently given to you to stimulate "out of the box thinking on the subject) this leads to all sorts of new revenue ideas! For your paper this week, please take a role of either a City Finance Director or State Budget Director and review some possible ways to reduce our dependence on the property tax for revenue - be as creative as you like and fool free to use any souces (documented, of course) to aid you in your search for more $. Do you think this trend is a good one or this there something to be said for using just the "Big 3" taxes? Should state and local governments be "ontorpreneurial in their revenue sources or this is a bad idea? Finally, how does the Raimondo Typology enter into your thoughts on new revenue sources? Good luck, and the best ideas for revenue sources will be used in the 2017 Elko New Market budget! The link to the Brooklyn Bridge article should stimulate your thinking, since every state is now considering selling their capital assets from freeways to naming rights! Click on the link to retrieve Brooklyn Badoo article the link will take you to the search for Stateline..just "plug in Brooklyn Bridge and you'll see it come. It is a 2007 article