Author Topic: New Taxes in your state?  (Read 2300 times)

0 Members and 1 Guest are viewing this topic.

Offline 74cb750

  • Old Timer
  • ******
  • Posts: 3,419
    • old japanese parts and bikes
New Taxes in your state?
« on: December 16, 2012, 08:34:25 AM »
Hi All,
I was just reading in the local news that Vermont lawmakeers are thinking of new taxes:
higher gasoline tax,
or tax per mile driven.

Our household drives 35,000 miles a year so
on top of the higher registration taxes put in a few years ago
we are looking at $350/yr for the privilidge of living/driving here.

What are your new taxes?

Laugh at least once a day.
Life  $ucks, then you die.
You are entitled to your own opinions, but not your own facts.
God forces us to live with  non-believers to test our resolve.

Offline ekpent

  • Really Old Timer ...
  • *******
  • Posts: 13,508
  • To many bikes-but lookin' for more
Re: New Taxes in your state?
« Reply #1 on: December 16, 2012, 09:57:50 AM »
Our city here in Kalamazoo wants to charge us 1% of our total property taxes for a service fee when we pay our taxes.C'mon do we really need to be charged now to pay taxes to the city. Another new tax on an old tax. !!! Greedy Bas*^#s.  I need to go to the pissed off thread  :D

Offline 74cb750

  • Old Timer
  • ******
  • Posts: 3,419
    • old japanese parts and bikes
Re: New Taxes in your state?
« Reply #2 on: December 16, 2012, 01:58:15 PM »
What is the reasson a service fee is added to the property?
Huh?
Laugh at least once a day.
Life  $ucks, then you die.
You are entitled to your own opinions, but not your own facts.
God forces us to live with  non-believers to test our resolve.

Offline ekpent

  • Really Old Timer ...
  • *******
  • Posts: 13,508
  • To many bikes-but lookin' for more
Re: New Taxes in your state?
« Reply #3 on: December 16, 2012, 03:26:20 PM »
What is the reasson a service fee is added to the property?
Huh?
It is a "New revenue stream" as they call it.By state law there is a formula where they cannot raise the property taxes at will but by adding this 1% " collection fee the city is in essence charging us to take our money. The fear is that once implemented  what if they decide they wanted 2% or 10% for a collection fee that is not supported by a vote. Just another backdoor tax to go along with all the increases in water rates,downtown parking etc etc.. I am so glad we all pay these people well so they can sit around and conjure up more ideas to get our money out of our pockets and into theirs.

Offline BobbyR

  • Really Old Timer ...
  • *******
  • Posts: 12,365
  • Proud Owner of the Babe Thread & Dirty Old Man
Re: New Taxes in your state?
« Reply #4 on: December 16, 2012, 04:24:25 PM »
I live in NY and that is all I have to say.
Dedicated to Sgt. Howard Bruckner 1950 - 1969. KIA LONG KHANH.

But we were boys, and boys will be boys, and so they will. To us, everything was dangerous, but what of that? Had we not been made to live forever?

Offline dusterdude

  • Really Old Timer ...
  • *******
  • Posts: 8,490
New Taxes in your state?
« Reply #5 on: December 16, 2012, 07:27:29 PM »
Virginia is talking about raising our gas tax too
mark
1972 k1 750
1949 fl panhead
1 1/2 gl1100 goldwings
1998 cbr600 f3

Offline JeffSTL

  • Hot Shot
  • ***
  • Posts: 392
  • CB750 K6
Re: New Taxes in your state?
« Reply #6 on: December 18, 2012, 05:51:34 AM »
This is the result of federal tax cuts. Because of federal tax cuts there are less federal dollars going to states and local governments. The state and local governments then have to  decide if they should cut programs or increase state and local taxes to make up for the shortfall. This is the big trick on working class  people.  The cuts in federal income taxes  are a huge boon to the wealthy, while their increase in state and local taxes and "use" taxes are tiny in comparison.  The opposite is true for middle class and poor people.

Offline 70CB750

  • Labor omnia vincit improbus.
  • Really Old Timer ...
  • *******
  • Posts: 14,817
  • Northern Virginia
Re: New Taxes in your state?
« Reply #7 on: December 18, 2012, 06:15:02 AM »
How about local government being less weistful?
Prokop
_______________
Pure Gas - find ethanol free gas station near you

I love it when parts come together.

Dorothy - my CB750
CB750K3F - The Red
Sidecar


CB900C

2006 KLR650

Offline JeffSTL

  • Hot Shot
  • ***
  • Posts: 392
  • CB750 K6
Re: New Taxes in your state?
« Reply #8 on: December 18, 2012, 06:37:42 AM »
Sure. That would be up to the people who live in the community. For example, before the federal tax cuts my local sales tax was 6.5% but because of the shortfalls our schools were going to have to cut programs. The community didn't want the cuts  and voted for tax increases. Sales tax is now 10%. In Missouri the state legislature prefers cuts in spending over
 tax increases. We now rank 48 in education spending and 49 in higher eduucation spending. They have also closed all but one of the state mental facilities. My propert tax on my home has gone from $1200 dollars a year to $1700.

Offline JeffSTL

  • Hot Shot
  • ***
  • Posts: 392
  • CB750 K6
Re: New Taxes in your state?
« Reply #9 on: December 18, 2012, 06:40:40 AM »
I would disagree, but some say it is better this way. More local control. I was just giving a reason of why you are likley seeing state and local tax increases. Cause and effect

Offline MCRider

  • Such is the life of a
  • Really Old Timer ...
  • *******
  • Posts: 14,376
  • Today's Lesson: One good turn deserves another.
Re: New Taxes in your state?
« Reply #10 on: December 18, 2012, 07:05:23 AM »
I submit no one has the math skills to truly say whats a boon to the wealthy and what's a drag on others. What about the huge portion of the population which not only pays no income taxes but receives "refunds" thru the "Earned Income Credit". (I see this, I prepare tax returns.)

42¢ of each Federal dollar spent this year was borrowed. Giving borrowed money to states to perpetuate poor spending controls is no solution. It makes no difference at this point what the tax rates are and who pays them. There are not enough "rich" people in the country. If you confiscated not only ALL the income but ALL the wealth of every billionnaire you run the country for about a year. Then what?

Until the government at every level adopts a "can't spend more than you raise" attitude, the only resolution is default and start over.

Sigh.  :(

last i heard indiana is refunding some excess Income Taxes and considering a tax rate decrease. This is a good article on how its done, 2011. News is even better now.
http://money.cnn.com/2011/02/14/news/economy/mitch_daniels_indiana_state_budget/index.htm
http://www.journalgazette.net/article/20120704/NEWS07/307049978/1002/LOCAL
And right next door is the People's Republic of Illinois, raising taxes like crazy.
http://articles.chicagotribune.com/2012-06-21/business/chi-illinois-in-poorest-fiscal-condition-of-all-states-20120621_1_unfunded-pension-liability-general-fund-state-funds
« Last Edit: December 18, 2012, 07:13:41 AM by MCRider »
Ride Safe:
Ron
1988 NT650 HawkGT;  1978 CB400 Hawk;  1975 CB750F -Free Bird; 1968 CB77 Super Hawk -Ticker;  Phaedrus 1972 CB750K2- Build Thread
"Sometimes the light's all shining on me, other times I can barely see, lately it appears to me, what a long, strange trip its been."

Offline JeffSTL

  • Hot Shot
  • ***
  • Posts: 392
  • CB750 K6
Re: New Taxes in your state?
« Reply #11 on: December 18, 2012, 07:28:13 AM »
It is simple math not rocket science. I was simply giving a reason why his local taxes may be rising. I think it is important to understand a situation and not just complain about it. BTW, I certainly do not benefit from the tax code.

Offline MCRider

  • Such is the life of a
  • Really Old Timer ...
  • *******
  • Posts: 14,376
  • Today's Lesson: One good turn deserves another.
Re: New Taxes in your state?
« Reply #12 on: December 18, 2012, 08:05:33 AM »
It is simple math not rocket science. I was simply giving a reason why his local taxes may be rising. I think it is important to understand a situation and not just complain about it. BTW, I certainly do not benefit from the tax code.

Understood. There is a teeter totter effect of where the money comes from. My concern is that it must be fought philosophically. Spending cuts, no new revenues (they have enough already). And in my opinnion no one benefits from the tax code, though many think they do.

Once again, I sit across the table from those that receive massive welfare checks in the form of tax credits (low income people) and they do not want this to end.

There was a recent article in Mish.com: a single mother making $29,000 has more money to spend after adding in the credits and food stamps, than if she were making $69,000 salary. A system like this will implode, given time.

As to local taxes, it's shown over and opver that paying teachers more does not yield a better product. The localpolitics must have smaller government and lower taxes front of mind at all times, otherwise you get the tax rate/fee creep that has been noted. Simply having voters vote to raise taxes and accepting that as right is a dead end. California voted higher taxes and the wealth drain is starting to pick up, people moving out.
Ride Safe:
Ron
1988 NT650 HawkGT;  1978 CB400 Hawk;  1975 CB750F -Free Bird; 1968 CB77 Super Hawk -Ticker;  Phaedrus 1972 CB750K2- Build Thread
"Sometimes the light's all shining on me, other times I can barely see, lately it appears to me, what a long, strange trip its been."

Offline JeffSTL

  • Hot Shot
  • ***
  • Posts: 392
  • CB750 K6
Re: New Taxes in your state?
« Reply #13 on: December 18, 2012, 08:46:12 AM »
First there no  amount of spending cuts are going to balance the budget, unless you want to eliminate the military. I do not. We need cuts and tax increases for all. I find it odd that you only point to tax disparity involving people of low income. The effective tax rate on top earners is about 17% the lowest it has ever been.

Secondly, I chose to live in the community I am in because it has the best public school in the  state. A nationally ranked school. The teachers are also some of the best paid. They earn every penny they make. Next to the loving environment I raise him in there is nothing more important for my son's future than to provide him with an excellent education.

All logic and reason has left this society.

Offline MCRider

  • Such is the life of a
  • Really Old Timer ...
  • *******
  • Posts: 14,376
  • Today's Lesson: One good turn deserves another.
Re: New Taxes in your state?
« Reply #14 on: December 18, 2012, 09:07:44 AM »
First there no  amount of spending cuts are going to balance the budget, unless you want to eliminate the military. I do not. We need cuts and tax increases for all. I find it odd that you only point to tax disparity involving people of low income. The effective tax rate on top earners is about 17% the lowest it has ever been.

Secondly, I chose to live in the community I am in because it has the best public school in the  state. A nationally ranked school. The teachers are also some of the best paid. They earn every penny they make. Next to the loving environment I raise him in there is nothing more important for my son's future than to provide him with an excellent education.

All logic and reason has left this society.
The military is 20% of the budget. SA mentioned, 42¢ of each dollar spent is borrowed so eliminating the militarty won't od it either. MY point of focusing on the lower levels is that the cumulative effect of low income credits exceeds any possible benfit of taxing more of the higherlevels. If you paly the incentive game, and i do, there is a disincentive at lower levels to produce and a disincentive at higher levels. 5% of the population pays 55% of the incoem taxes. I say enough is enough. We can argue % and rates till we're blue in the face to no good end. That's why i say it must be approached philosophically. Revenues should be frozen, enough is enough. Aggressive cuts should begin immediately and relentlessly. The 2 will meet at some time in the future, but only with a consistent application of the principle you can't spend more than you make, with its corroallry, "they" make enough (tax revenues).

I'm happy for your school situation. There are many examples of just the opposite.

We are going down the path of Japan. Perfect crystal ball of our future. It may take decades, but the debt overhang is debilitating to all things public and private. Nothing good comes from debt. Debt disguised as "stimulus" is meaningless. My readings on the subject and our economic evidence indicate $ in stimulus now yields 90¢ in growth, negative net.

As to the millitary, 50% of their budget is salaries and comp, so heavy cuts there yield teeter totter problems.
Ride Safe:
Ron
1988 NT650 HawkGT;  1978 CB400 Hawk;  1975 CB750F -Free Bird; 1968 CB77 Super Hawk -Ticker;  Phaedrus 1972 CB750K2- Build Thread
"Sometimes the light's all shining on me, other times I can barely see, lately it appears to me, what a long, strange trip its been."

Offline Bob Wessner

  • "Carbs Suck!"
  • Really Old Timer ...
  • *******
  • Posts: 10,079
Re: New Taxes in your state?
« Reply #15 on: December 18, 2012, 01:58:29 PM »
Just to remind everyone.. no politics. Since taxes in general ARE political,  I expect this thread to be closed sooner rather than later.
We'll all be someone else's PO some day.

Offline MCRider

  • Such is the life of a
  • Really Old Timer ...
  • *******
  • Posts: 14,376
  • Today's Lesson: One good turn deserves another.
Re: New Taxes in your state?
« Reply #16 on: December 18, 2012, 02:15:24 PM »
Just to remind everyone.. no politics. Since taxes in general ARE political,  I expect this thread to be closed sooner rather than later.
Thanks for the reminder. I'm done.
Ride Safe:
Ron
1988 NT650 HawkGT;  1978 CB400 Hawk;  1975 CB750F -Free Bird; 1968 CB77 Super Hawk -Ticker;  Phaedrus 1972 CB750K2- Build Thread
"Sometimes the light's all shining on me, other times I can barely see, lately it appears to me, what a long, strange trip its been."

Offline Retro Rocket

  • Eggs are hard due too a
  • Really Old Timer ...
  • *******
  • Posts: 19,235
  • ROCK & ROLL
Re: New Taxes in your state?
« Reply #17 on: December 18, 2012, 04:10:50 PM »
Just to remind everyone.. no politics. Since taxes in general ARE political,  I expect this thread to be closed sooner rather than later.

If you look hard enough Bob, there's politics in everything.... 8)
750 K2 1000cc
750 F1 970cc
750 Bitsa 900cc
If You can't fix it with a hammer, You've got an electrical problem.

Offline Bob Wessner

  • "Carbs Suck!"
  • Really Old Timer ...
  • *******
  • Posts: 10,079
Re: New Taxes in your state?
« Reply #18 on: December 18, 2012, 04:23:39 PM »
Just to remind everyone.. no politics. Since taxes in general ARE political,  I expect this thread to be closed sooner rather than later.

If you look hard enough Bob, there's politics in everything.... 8)

Only in the Open Forum.  ;)
We'll all be someone else's PO some day.

Offline Retro Rocket

  • Eggs are hard due too a
  • Really Old Timer ...
  • *******
  • Posts: 19,235
  • ROCK & ROLL
Re: New Taxes in your state?
« Reply #19 on: December 18, 2012, 04:25:17 PM »
Don't forget the Cafe v's stockers mate.... ;) Its migrated to the project threads as well... ;D
750 K2 1000cc
750 F1 970cc
750 Bitsa 900cc
If You can't fix it with a hammer, You've got an electrical problem.

Offline mono

  • Definitely no
  • Expert
  • ****
  • Posts: 1,270
  • 1975 Honda CB550, 1978 CB750K (in progress)
Re: New Taxes in your state?
« Reply #20 on: December 18, 2012, 04:28:03 PM »
Politics aside, our Fed AND state governments are amazingly good at wasting money

Sent from my SPH-L710 using Tapatalk 2


Offline Retro Rocket

  • Eggs are hard due too a
  • Really Old Timer ...
  • *******
  • Posts: 19,235
  • ROCK & ROLL
Re: New Taxes in your state?
« Reply #21 on: December 18, 2012, 05:04:07 PM »
Politics aside, our Fed AND state governments are amazingly good at wasting money

Sent from my SPH-L710 using Tapatalk 2

Aren't they all.... ::)
750 K2 1000cc
750 F1 970cc
750 Bitsa 900cc
If You can't fix it with a hammer, You've got an electrical problem.

Offline simon#42

  • Old Timer
  • ******
  • Posts: 2,625
  • liverpool
Re: New Taxes in your state?
« Reply #22 on: December 19, 2012, 10:15:12 AM »
how true ......... and its not political if they all do it .