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Dear Editor:
As the rest of the nation celebrates Independence Day, taxpayers in Carmel and Clay Township suffer even more taxation without representation.
Make no mistake: Debt is tax. And, Carmel is awash in $2.4 billion of it.
Most recently, Clay Township’s total outstanding debt skyrocketed three and a half times, from $35.1 million to $122 million, according to the Indiana Department of Local Government Finance. Carmel’s total increase $25-50 million waiting in the wings.
And, virtually every dime of it borrowed without taxpayer approval.
I understand why the city canceled the parade and CarmelFest. I only wish this July 4th that the servants of the people would cancel some of its debt.
Bill Shaffer
Carmel