Ask The Experts: Turning Taxes Into An Investment

Luc Noiset
Luc Noiset

KENNESAW, Ga. (Jun 8, 2016)Luc Noiset
Associate Professor of Economics in the Coles College of Business at Kennesaw State University

How can average citizens assess the ROI of their local tax dollars?

I would only say that state and local governments should provide their citizens with detailed (but one-page) budgets. (One page because that is all that a typical taxpayer will look at.) These would show revenue sources and expenditure categories, including wages, pension, and benefit expenses. These one-pagers should not be on a website but should be put directly in front of taxpayers - for example a mailer. I think these information one-pagers would be an efficient use of taxpayer dollars and would be the beginning of assessing ROI of tax dollars.

-Wallethub.com

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