Ljube
Junior Chimp
Posts: 6,086
Political Matrix
E: 2.71, S: -6.09
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« on: February 01, 2012, 04:37:24 PM » |
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Gas tax is the wrong way to go as it would raise all prices and reduce the money available to consumers. When raising taxes always consider side effects:
Tax the rich = they move offshore (Romney)
Vehicle license fee = fewer cars
Tax hikes = less spending (slower economy)
End business tax break = more businesses close/move to other states
Cigarette tax = fewer smokers/black market (the tax is already too high)
Crude oil tax = just bad (more imported oil)
Speeding cameras = annoying to people
Tax social security income = it isn't high enough (reduced spending)
The only tax worth raising is alcohol tax. It doesn't reduce consumption if it is moderate enough.
Obviously, the way to go is to cut spending and the biggest chunk is K-12 which must be cut by 50%. The rest is unimportant.
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