Corker is a "corker".. I suspect the Haslem's are one of his major supporters..
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Corker is a "corker".. I suspect the Haslem's are one of his major supporters..
Ain't no pockets on a shroud..
And this money would go where? The general fund. The DOT would NEVER see an extra dime. If I saw in the same law that the DOT budget for road construction was going to go up the same amount they determine they would bring in, I would ALMOST be for this.
Its like in Missouri where you pay personal property tax on your vehicles every year. I think last year I paid around $600 for my two vehicles. A grand total of I think it was $12(might have been $18) went to the road system, the rest went to schools and a bunch of other bull shit. Sorry, my personal property tax for my car should go to the road system.
I see this tax doing the same thing. We pay an extra 12c per gallon and the DOT gets a fraction of a cent of that.
Ours is about $60 a year.
But if we let all the vehicle based fees and taxes only go towards roads they'd actually have to justify why we have such shitty roads in the US and why most road systems have never been expanded to meet the current population.
Then we get stuck with toll roads we paid to build then get to pay daily to drive on.
I don't mean additional fees, taxes, or costs, just allowing the oil companies to purchase permits and leases to drill on public land. This isn't an easy process now.
As far as lessons on overspending, you wouldn't have learned yours if you could print your own money. That is the problem with fiat currency and unrestrained ideological spending.
There are in North Dakota, too. In North Dakota, there is 1% unemployment and higher wages are the norm due to demand for workers. Oil fields employ people, as does all the ancillary industries around it, and the service providers, retailers, etc. that cater to the workers. Anecdotally, a Walmart cashier starts at $17.50/hr in Fargo. For a country with a shrunken workforce, this is something that would certainly help more than a tax increase.
Last edited by interfan; 06-19-14 at 23:51.
OH WE THEN PAY AN ADDITIONAL FEE FOR THE PLATES.
So we pay personal property tax on the vehicles then pay another 30-70 bucks(depending on what vehicle you have like a truck over 12.5k is more, 2 door little car is less, etc...) to get your plates. We pay tax to the county and the plate fee to the Missouri Department of Revenue. Its a big circle jerk. But we dont have a single toll road(although I am 100% sure its been tried over and over and over again).
BUT our real estate tax is fairly low. It varies but I believe the average across the state is .98%. They value personal property at 19% of the fair market value which is 5-33% of the actual cash value. No frickin clue how they came up with that formula or how they determine the fair market value.
They get you one way or another. My friends in TX cant believe we pay tax on our vehicles every year, but when I ask them what they pay for their real estate tax I still come out ahead.
Believe me, Tennesseans are not currently happy with Either of their Senators...but Lamar is the main effort at the moment. Corker's time is coming...
"Those who do can't explain; those who don't can't understand"...
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