Go figure - a 1cent tax helps community and businesses grow...

[The Straight Story]

City’s sales tax helps fuel economic development

It’s hard to believe that a penny could go very far, but for the Watford (ND) City Roughrider Fund, the pennies have added up, making Watford City and its surrounding communities a great place to live.

Since its inception in 1998, the Roughrider Fund has given grants for more than $1 million, including the $310,382.50 that it gave out locally in 2010. That’s a lot of pennies.

“The Roughrider Fund is funded by a one-cent city sales tax,” says Jim Svihovec, Watford City Roughrider Fund chairman. “The purpose of the fund is to help better Watford City and the surrounding communities through grants to area communities and businesses.”

While the fund focuses on bringing in new business and residents, it also works to help existing businesses better themselves.
“Our policy since the inception of the fund has been to help make our community and the surrounding communities a great place to live,” adds Svihovec. “We achieve our goal through grants to businesses, recreation projects, housing projects, healthcare projects and tourism projects. We are willing to look at just about anything that will help to better McKenzie County.”

..

If you’re interested in updating, expanding or starting a new business in McKenzie County, the Roughrider Fund may be able to help you.

http://www.watfordcitynd.com/?id=10&nid=1006

It's called INVESTING in your community/state/country - whereas with lower taxes on folks, like the wealthy, the money saved is not invested back into the local area but sent overseas to invest.

Taxes keep money at home, in our schools, our roads, our small businesses, etc.

[rurallib]

1. commonist, fascist, socialist, terrorist, muslim .......

works huh?