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Economics 101

To the Editor:

I don’t understand all I know about this modern math. We on Social Security have had no increase for two years and about a 1 percent increase each year for two years in our cost of living.

Gas went from $1.89 to $4 a gallon until a couple of days ago. Food – I wish I had a newspaper advertisement from four years ago – is up substantially in four years.

The cause of high real estate and other taxes is what I call the “gotta-have people.” I gotta have 15 percent of the land in the county in the McHenry County Conservation District area, off the tax role and administrated by a bureaucracy. I gotta have three beach houses in Crystal Lake; an underpass for bikes crossing Route 14; golf courses, etc.

If you gotta have it, it has to be built and maintained for 70 years.

Walter Steffens



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