Pine Knot News - A hometown newspaper with a local office, local owners & lots of local news

Letters to the editor: Is this where taxes should go?

 

January 31, 2020



The last letter I wrote (in November 2019) addressed the fact that the Mercy Hospital District lost $306,000 in its stock market account for 2018, while taking $500,000 in tax money from five townships and three little cities that year. I questioned whether it was proper to use taxpayer money to play the stock market.

What the Pine Knot News didn’t allow to be published in that letter, until I backed up my claims with documents, was that the hospital district was still taking $60,000 a month out of the general fund for the hospital and putting it into the stock market throughout 2019.

Wh...



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