Oh God, NO, it is not. But that is all that these socalled capitalist can think of to raise much needed revenues to fund projects. This is the newest one being proposed or at least considered.
A 50 percent increase in gasoline and diesel fuel taxes is being urged by the commission to finance highway construction and repair until the government devises another way for motorists to pay for using public roads.
The National Commission on Surface Transportation Infrastructure Financing, a 15-member panel created by Congress, is the second group in a year to call for increasing the current 18.4 cents a gallon federal tax on gasoline and the 24.4 cents a gallon tax on diesel. State fuel taxes vary from state to state.
And states like California are coinsidering other moves to help fund programs,
Gov. Arnold Schwarzenegger’s staff Wednesday released his most detailed plan yet to tackle the state’s staggering budget deficit, calling for deep cuts to state services, hefty tax increases and a large new round of borrowing to close a projected $41.6 billion shortfall through mid-2010.
While little of the proposal was new, it included some striking elements, such as cutting billions of dollars from public school funding and slashing the deduction state taxpayers can claim for their dependents. The plan also arrived a day after the state controller warned tax refunds might have to be paid with IOUs in the spring because California is so short of cash.
The above are just examples of what ALL states and communities will be looking at in the coming year or so, if they are to keep their areas functioning as an entity. All the plans involve a complete screwing of the people. I want to know why? There is an easier way. It is not popular with the big shots that call all the shots in state capitals, but nonetheless, it is easier and does not totally drop the burden on the middle class’ shoulders.
The solution is called Land Value Taxation. It is explained on my pages here. Read, understand and fight for fairness. You as a taxpayer have the power to make a difference. Use that power and in turn make this a better country.
copyright: CHUQ/Info Ink