Looks like their liquid assets in 2014 were $2.7 billion to me. Dale added some zeroes ...You're insane. Either that or brilliant. LOLWhat taxes???? What taxes are they not paying their "fair share of? Income tax, corporate income tax? Why does composite government have so much wealth while pleading empty pockets? Composite "gubermint" (which is a corporate entity) isn't hurting for money...they simply plead poverty so they can justify less services while subsidizing the flood of illegals they are welcoming into this country. No offense, but you are a bit on the clueless side.
Not a genius, just a dogged researcher that lives and breathes this shit. Learn how to read a CAFR, it's not that hard and you will find an ungodly amount of wealth these municipalities are holding. I read the CAFR of HOUSTON TEXAS INC and found that they are sitting on enough hard assets to fund the needs of the city, fund the retirements of their workers and not charge one dime of property tax, collect one fine for 17 years with just the investments that they have now. The STATE OF TEXAS.INC is sitting on a trillion dollars of liquid assets alone and that does not include all of their subsidiaries which are subsidiaries of USA.INC. Go to youtube when you have the time and watch "Corporation Nation".......it's mind blowing and it will piss you off.
I read the CAFR of HOUSTON TEXAS INC and found that they are sitting on enough hard assets to fund the needs of the city, fund the retirements of their workers and not charge one dime of property tax, collect one fine for 17 years
Can you list their assets?
The STATE OF TEXAS.INC is sitting on a trillion dollars of liquid assets alone
Link to their CAFR, if you have it.
http://www.comptroller.texas.gov/tr...ensive-annual-financial/2014/governmental.pdf
"Ya gotta dig a little deeper in the well, boys...ya gotta dig a little deeper in the well.....if ya want a cool drink of water...ya gotta dig a little deeper in the well".......
http://www.ttstc.org/reports/investmentpolicies/SWIFT_Inv_Policy_PHASE II_(JUL 2015).pdf
Where does your trillion figure exist in your link?