CITY COUNCILMAN DAN McGINN PROPOSES A 25% TAX INCREASE

first_imgPRESS RELEASE FROM GAIL RIECKEN FOR MAYORSEPTEMBER 17, 2015GAIL RIECKEN PROMISE TO CUT WASTEFUL SPENDING IF ELECTED MAYORDuring Monday night’s City Council meeting, Republican City Councilman Dan McGinn, a close advisor to Mayor Winnecke, discussed increasing the local income tax as a way of a fixing the city’s financial problem. This increase would bring the local income tax from 1% to 1.25% or a 25% increase.  This would raise an extra $4 million per year into the city’s coffers.“City Councilman McGinn’s comment that we could raise the local income tax 25% to solve the city’s financial problem’s proves to me that the administration’s post-election surprise will be to raise income taxes 25% instead of making the cuts that are needed.” said Riecken.  “This tax increase would only add a pittance to the deficit in the General Fund.  We need real changes in how Mayor Winnecke and his administration spends money.  Over the last 4 years, the current administration has continued to increase spending, without regard for the city’s cash flow.This over-spending has caused the current cash flow crisis that has placed at risk the city’s ability to make its payroll.  Rather than increasing taxes, the city needs to cut wasteful spending and improve efficiency.  Many city residents feel overburdened with the cost of living in Evansville now, this increase would only add to that burden.”Gail Riecken is running for Mayor of Evansville and is a former Evansville City Council-woman, Evansville Parks Director, and a current member of the Indiana State House of Representatives.  She is a lifelong Evansville resident, has been married for 47 years, and has 2 children and 3 grandchildren.FacebookTwitterCopy LinkEmailSharelast_img read more