Thursday, March 24, 2011

Tax Ideas


Now the federal government wants to add a new mileage tax to pay for maintaining highways? Where are the current gasoline taxes going? Then mayors want toilet paper taxes to pay for sewage treatment facilities. What happened to the sewer fee that I pay every month (that is higher than the water rate that I pay)?

Is there any end to government's insatiable demand for more of everyone's money to spend? In 2009 the total federal, state and local governments spent $5.9T or 41% of US GDP. So 4 of every 10 dollars that change hands in the country in a year are touched by a government hand.

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