ARTICLE: The smart tax we can’t have

[VolFaninFla]

The smart tax we can’t have
The Tax Foundation thinks repealing the gas tax and imposing a direct VMT tax of 1.7 cents per mile, slightly higher than the tax burden in 1994, would’ve fully cover the cost of federal highway spending, with no need for any borrowing. Adjusting the tax for inflation every year would keep the financing balanced with spending.

 

[McDad]

The smart tax we can’t have
The Tax Foundation thinks repealing the gas tax and imposing a direct VMT tax of 1.7 cents per mile, slightly higher than the tax burden in 1994, would’ve fully cover the cost of federal highway spending, with no need for any borrowing. Adjusting the tax for inflation every year would keep the financing balanced with spending.

BwahahahahabwahahahahahaBwahahahahabwahahahahaha

 

[VolFaninFla]

BwahahahahabwahahahahahaBwahahahahabwahahahahaha

I put this out there to see what thoughts people had about it.
What do you think won’t work and do you have an opinion on options, if you think they are needed?

 

[Y9 Vol]

Any extra revenue brought in by the change will be raided by all other branches of government for their programs. Nothing will ever be enough in Washington DC.

 

[LouderVol]

I put this out there to see what thoughts people had about it.
What do you think won’t work and do you have an opinion on options, if you think they are needed?

IF this tax got passed, and IF it was somehow enforced. And IF it actually made as much money as they think. You would then be relying on the government actually spending the funding where it belongs. Which isnt even an IF; they wont, havent, and almost literally cant do that.

 

[Y9 Vol]

IF this tax got passed, and IF it was somehow enforced. And IF it actually made as much money as they think. You would then be relying on the government actually spending the funding where it belongs. Which isnt even an IF; they wont, havent, and almost literally cant do that.

Beat you to it with less words.

 

[LouderVol]

Beat you to it with less words.

Verbosity is a lost art

 

[Y9 Vol]

Verbosity is a lost art

Not in my world.

 

[Thunder Good-Oil]

So the federal government should be allowed to inspect every citizen’s odometer? GTFO.

What if somebody drives mostly on private roads and driveways? Going to have to pay the government for those miles?

 

[StarRaider]

The smart tax we can’t have
The Tax Foundation thinks repealing the gas tax and imposing a direct VMT tax of 1.7 cents per mile, slightly higher than the tax burden in 1994, would’ve fully cover the cost of federal highway spending, with no need for any borrowing. Adjusting the tax for inflation every year would keep the financing balanced with spending.

 

[Wireless1]

So some government official actually thought ahead and realized if they were going to force phase gasoline out of existence they would loose a significant source of revenue.
I’m going to start working on a hack for electric cars that allow the odometer to be put in forward and reverse modes on alternating weeks, I’ll be a billionaire

 

[Volgolfer1618]

IF this tax got passed, and IF it was somehow enforced. And IF it actually made as much money as they think. You would then be relying on the government actually spending the funding where it belongs. Which isnt even an IF; they wont, havent, and almost literally cant do that.

Any new tax is always abused.

 

[Thunder Good-Oil]

Any new tax is always abused.

And get sold to the gullible public with low, initial rates. Wasn’t the first income tax well below 5%?

 

[LouderVol]

And get sold to the gullible public with low, initial rates. Wasn’t the first income tax well below 5%?

And only for the super rich.

 

[midnight orange]

And get sold to the gullible public with low, initial rates. Wasn’t the first income tax well below 5%?

If I remember correctly I think it was 3% and they considered putting a cap of 6% in the amendment but declined because they thought it would be preposterous for the income tax to be raised to that level.