Township Reserves are Boomer Tal

Councils have recently increased our property taxes to put money away to cover the costs of bridges etc in the future. This is Boomer talk; "save for a rainy day". It can't be denied! But these are not Boomer financial times. This little Woke gambit is critically flawed.

Firstly, that money isn't from savings, it comes from personal debt. Secondly, that money will be ground away by inflation and dollar devaluation, so that your end sum is practically worthless. Leave the money in the hands of the citizens. They know the best way to use money.