With many people pinched by economic recession, this is a good time not to increase financial burdens on families, businesses and governments.
Signal Mountain obviously has gotten that message as its local officials have decided to make a $6.1 million town budget with no tax increase.
Nearly all governments could “use” more tax income. But individuals and families have the same needs. So it is good news when public officials recognize the financial pinch and don’t increase tax burdens on the people.
The big problem with the federal government, however, is that it just keeps on spending too much, running up more than $1.5 trillion in red ink this year alone, despite tight times. Local governments can’t do that.
Those who hold the tax line should be commended for their sensible response to economic reality.