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  • in reply to: Nicole Foss : Where the Rubber Meets the Road in America #9538
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    Have you ever written about govt CAFR’s (Comprehensive Annual Financial Report)? Walter Burien believes that tax relief funds (TRFs) could be established to dramatically reduce taxes. I’m sure you know that the govt budgets only account for the taxes taken in within a given year, and do NOT include the income generated from govt owned assets (including stock dividends). The fact one never hears about the assets and income generated from these govt assets, that must be reported in cafr’s, tells me this is just another, in a long list of govt frauds. Since the income reported from these asset, which don’t appear in the yearly budgets, would obviously impact the ability of municipalities to declare bankruptcy (and shaft pensioner’s), I would love to hear you address this subject.

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