What does this mean to You and your Family?

Renowned JP Morgan Chase economist Marc Goloven coined the phrase “Putnam Paradox.”
His research showed that TWO THIRDS of the disposable income generated by
Putnam residents is not spent in Putnam County . This results in Putnam County
losing MILLIONS OF DOLLARS in sales tax annually to neighboring municipalities.

What does this mean to you?

The Putnam Paradox reaches into every wallet and pocket book in the County.
By shopping outside of Putnam County and letting neighboring municipalities
benefit from the sales tax on their purchases, Putnam County residents are
literally giving their money away.

That is because less sales tax revenue collected by Putnam County results in higher property
taxes. If sales tax revenue were to increase, there would be no need to raise property taxes
in order to keep necessary public services up and running.

Therefore, YOU have control over how high your property taxes will be. If you must pay sales tax
on your purchases anyhow, why not spend them inside the County where they will work to
LOWER your property taxes?

What can you do

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