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| Documents/C4SG/2: Government Spending/2.3: State-Owned Properties |
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Sell state-owned properties and let the free market determine where money should go and where jobs should be created. Other Information: Sell off all state-owned convention centers, get the state out of the business, and let the marketplace decide what the job is worth - or if the property should be sold off for another use. There's a long list of state-owned properties, especially in Boston, that should be sold - along with their unnecessary, overpriced and ineffective bureaucracies. Let the free market determine where money should go and where jobs should be created (at market prices, not inflated prices). As with any spending cut, the saving should be realized by the taxpayer alone - not horded in state coffers. Proceeds from the sale of assets should be used to pay off existing government debt, thus reducing debt payments. Total government spending should be reduced by both (a) the amount saved in debt payments and (2) the agency's operating costs - with commensurate cuts in broad-based taxes. If we don't cut total government spending and total tax revenues, politicians will merely gobble up the savings and spend them on other Big Government boondoggles - and we will make no headway whatsoever. Stakeholder(s): Indicator(s):
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