Wednesday, July 29, 2009

And The Tax Circle Will Be Unbroken....

... by and by, Lord. By and by.

From the continuing saga entitled "Bend Over To See How Taxes Work".

The Revenue Circle

I'll bet that it will get to the point that it has with Federal monies for roads: States will have certain laws they must enact and enforce, as well as certain benchmarks or metrics they have to meet, or the Federal dollars (actually the state's dollars to begin with) will be taken away.

Lessee, we are taxed to pay for citizen penalizing "safety" programs (ClickItOrTicket, Traffic Cameras, etc...) that are mandated by Federal law, states collect the revenue from these "programs". Then the Feds raise the number of such mandates, and states have to figure how to make more revenue to fund the mandates, just so they can qualify for more Federal monies, taxes go up to provide more Federal monies... on and on and on....

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