Have you heard about the latest and greatest method by which the government shall calculate and collect its fair share of taxes? If not, let me enlighten you with the mileage tax that is currently being tested in the state of Oregon. If we were to believe what our elected officials tell us, this plan would be a replacement for the current tax by the gallon of all gasoline products. For those who haven’t paid attention, each gallon of gasoline contains anywhere from $0.35 to $ 0.99 per gallon in Federal, State, County and local city taxes.
In essence, this new tax would consist of tracking the mileage that each driver in the nation and this mileage would then be taxed at a rate set forth by the Congress. The basis for the new tax as proposed is to allow for the federal government, (and state governments), to raise revenue in order to repair and maintain the nations roads and bridges. Sounds great doesn’t? Well in reality we as taxpayers currently fund the creation and repairs of our roads and bridges through the purchase of gasoline in the form of added costs to each gallon as previously stated. This money is then collected by the state and federal governments and then distributed in the form of contracts for repair and maintenance. So why is a new form of collection needed?.....(click here to read more).....
The Redgage Picture of the day....(Woodpecker).....
Enjoy!
No comments:
Post a Comment