Fifty-two million dollars. That’s what the expiration of the tax cut will cost Bend.
(I’ll use round numbers, to make it easier for Tea Baggers and Republicans to understand) Assuming twenty-five thousand (25,000) families in Bend averaging fifty thousand (50,000) dollars a year earnings losing forty (40) dollars per week in income. Forty (40) dollars per week times fifty-two (52) weeks in a year equals two thousand and eighty (2,080) dollars lost per year, two thousand and eighty (2,080) dollars not spent in the local economy. Two thousand and eighty (2,080) dollars lost per year times twenty-five thousand (25,000) families in Bend equals fifty-two million (52,000,000) dollars not spent in the local economy. Not spent in Bend.
Fifty-two million (52,000,000) dollars a year is what Greg Walden and the Tea Baggers have cost Bend. Fifty-two million (52,000,000) dollars a year.
