A little more about Governor Paterson's plan to reduce the budget deficit - while, of course, never considering the radical idea that in most families we just reduce our spending to match our income.
The Governor has come up with 88 new taxes (or in some cases tax hikes). Although I haven't found a complete list anywhere on the 'net, here are a few: cigars, beer, wine, sports tickets, movies, books, cab fares, Kool-Aid, I tunes and other downloads, shoes, cable TV, gas, etc. etc. etc.
The nuttiest idea? A tax on any clothing that cost less than $110. That's right. So does that mean buying designer clothes is OK, but shopping for school clothes at Walmart will be penalized?
Maybe Michigan isn't so bad after all!
Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts
Thursday, January 8, 2009
Cows and Soda Pop! What's next?
Taxing cows. Call this one of the more innovative ways our government has come up with to increase revenues.
Of course, this isn't being billed (what an ironic word) as a tax. It's called a levy for the regulation of greenhouse gas emissions under the Clean Air Act. Still sounds like a tax to me.
How much is this tax? $175 per cow. But only $20 per hog. Sounds like "the other white meat" will be more attractive - expense wise at least.
And then there's New York's "Soda Pop" tax proposal. Weirdly, this is being heralded as a public health measure. That's right. Although this surcharge will increase revenues by over $500 million per year in New York alone, we shouldn't mistake this for a revenue enhancer. It's all about our government caring for our welfare. We'll just ignore the fact that New York, like most other states, are facing huge budget deficits. They're not concerned about that. . . . . . nope - it's all about keeping us healthy.
Of course, this isn't being billed (what an ironic word) as a tax. It's called a levy for the regulation of greenhouse gas emissions under the Clean Air Act. Still sounds like a tax to me.
How much is this tax? $175 per cow. But only $20 per hog. Sounds like "the other white meat" will be more attractive - expense wise at least.
And then there's New York's "Soda Pop" tax proposal. Weirdly, this is being heralded as a public health measure. That's right. Although this surcharge will increase revenues by over $500 million per year in New York alone, we shouldn't mistake this for a revenue enhancer. It's all about our government caring for our welfare. We'll just ignore the fact that New York, like most other states, are facing huge budget deficits. They're not concerned about that. . . . . . nope - it's all about keeping us healthy.
Subscribe to:
Posts (Atom)
