Want to know how the proposed Zionsville referendum will affect the stock market if it passes?
Bow wow. My money is on dog food. Huh? Dog what?
Over the past few weeks, referendum cheerleaders have been whooping it up - ZCS-Yes shirts popping up all over town, ZCS-Yes logos on school newsletters/website, school board-member sponsored email chains flying about why the town needs it, and little Johnny is telling Mommy why he'll be devastated when Mrs. Jones his favorite teacher has to leave. It's exhausting.
And, more serial disingenuousness - that science and art classes will be cut - all contrary to state law that requires it.
The cheerleader-set even has told citizens exactly how little the referendum will cost - only $480 per year on a $300,000 assessed home once all deductions are taken. (There is a handy referendum tax calculator by the way.)
But here's the rub - the taxpayer's "cost" is after all deductions are taken. That's implying everyone gets them. The main ones are the homestead deduction, and the mortgage deduction.
If you rent, you don't get a deduction and your landlord will pass the cost on to you. If you don't have a mortgage, you don't get the deduction either.
According to the census bureau, fully 19.4% of Zionsville's citizens don't have a mortgage. And 18.4% of our citizens are over age 55 - they are retired and likely don't have children in the schools. In all honesty, a large portion of our population will pay more than what is advertised by the cheerleaders. Don't forget, these residents are largely on a fixed income.
So, gird your loins Granny: Thanks for living here all your life, for your efforts making our community so wonderful, for volunteering in the schools when Susie was little, and pioneering some of the programs.
But, now your toast. Make way for the big spenders. We need bigger cooler things than what got you by in your day, and they are going to get more expensive. Sorry your barely making it now and you can't afford to live here anymore. So hey, here's a thought...maybe you could cut back on your grocery bills by eating dog food. It's pretty healthy stuff. Folks did it during the Depression. Come on, it's for the kiddies.
Dog food futures are sure to go up. Woof.
PS. Remember what Josephine told the French - let them eat dog food.