There Goes Your Tax Cut
How’s the price of gas these days? How’s the price of diesel? We pay nearly 3 dollars a gallon or more at the pump. Especially for diesel. Republicans always talk about lower taxes. Not Trump. The president wants at least a 15 cent per gallon increase in the federal gas tax. Find out why in Gas-Taxes-Republican-Hypocrisy-Bob Davis Podcast 833.
What The Lord Giveth, He Taketh Away
Most noteworthy is the existing 18 cent federal tax on gas and almost 25 cents a gallon for diesel. Even more, most state lawmakers want increases in their state gas taxes.
Drunken Sailors Fighting on The Dance Floor
Sure they take in a lot of money in Washington and the state capitol. In contrast states and the federal government actually spend piles of money. Not to mention your local town or city. For information about that, click here.
Bonding Bonding Bonding
I live in Minnesota. They’re not supposed to, but here politicians throw in bonding packages in just about every legislative session.
You Can’t Get There From Anywhere During ‘Construction Season’
The result? Bonding on bonding. Some projects fully funded, haven’t even been started. Even more, there’s so much construction people are tearing their hair out trying to get to work.
Gas Taxes – Not Just For Highways Anymore
Stadiums. Light Rail. Train Stations. Bus Lanes. Bike Trails. Subsidized bike rentals. Running paths. Signs. Talking Traffic Lights. Roundabouts. Federally compliant intersections and curbs. Sometimes projects finished a couple of years ago are torn up and redone. Notice there are no highways or roads in that list. We still need more money for all those highway projects too. Add Trump’s airports and bridges and it means tax increases. Corporations aren’t going to pay for it.
Five Floors of 1800 Dollar A Month Rentals and a Starbucks On Every Corner
Moreover subsidies for ‘affordable’ housing projects which are really five story condos and 1800 dollar a month rentals with a Starbucks on the ground floor everywhere. Funding for these projects are cobbled together from Federal Transit Authority money.
That is, your money. Learn more in Gas-Taxes-Republican-Hypocrisy-Bob Davis Podcast 833.
Republicans Love Lower Taxes, More Spending and Ballooning Deficits
Finally, as republicans ballyhoo their 2017 tax cut and campaign on lower taxes, they keep spending. In Minnesota they passed a five hundred million dollar bonding bill and a 48 billion dollar budget last week and they think they did a great job. This year the federal budget is 4.4 trillion. That’s a trillion more than Barack Obama’s average. The US Budget Deficit this year will be more than a trillion dollars. Our total debt is estimated at 22 trillion.
Buddy Can You Spare 67 Thousand Dollars?
The raw dollar amounts these governments take in will make you sick. Especially relevant is the fact that every American is on the hook for 67 thousand dollars in federal debt alone, and counting. Because despite the revenue, they keep spending more and more, whether they have a D or an R in front of their name. Sooner or later the piper has to be paid. Spending, whether it comes from tax collections or bonds, always ends up as a tax.
The Man Who Lost Billions Wants You To Pay For … Another New Airport
What would Ben Franklin say to the woman about our government today?
“It’s a Hypo-cracy Madam. If you can keep it”.