Rumor is that the good folks in Raleigh are burning the midnight oil tonight to try and get the NC gasoline tax- already the highest in the southeast, and 3rd highest in the continental US- raised again. Not only that, they want to change the maximum tax allowed to become the minimum tax. Next time you fill up, try and look for the sticker on the pump that tells you how much you pay per gallon to the Feds and the state for gas, and figure out how much gas would be without that tax. Oh, and let us not forget: that is the tax levied on the final product. That doesn't include the hundreds- if not thousands- of hidden taxes along the line. You know, taxes on the equipment that drilled it, on the wages for the workers, the pipleline fees, corporate taxes (US corporate tax rate is the second highest in the world.) Highway taxes on the tankers that delivered it, on the drivers salary that pumped it, and even the poor underpaid clerk behind the counter. Yep, you get to pay all of those. And it's still not enough for those greedy pigs who do nothing but pass laws to look good and steal us blind. Have you noticed the roads are a bit rougher lately? That bridge that's been looking a bit old getting worse? Don't look for it to get fixed anytime soon. Not to worry, though: I'm sure Gov. Beverly won't notice in the taxpayer paid helicopter, or the limo. They ride pretty nice.
Me, I'm still buying my gas across the line in Virginia, just like most folks in Charlotte wander down into SC once a week to fill up cheap, and buy some fireworks. You see, when you overtax things, people buy less of it, or buy it somewhere where it isn't taxed so much. Apparently, some of the great wise leaders in Raliegh missed economics 101. Perhaps next election cycle we can help them find some spare time to take a make up class.
Labels: Government
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