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

B&B Market, Catering & Quality Meats, On top of Big Lake Hill in Cloquet

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.


For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 01/21/2021 10:13