CBO: Taxing mileage a ‘practical option’ for revenue enhancement.
The Congressional Budget Office (CBO) this week released a report that said taxing people based on how many miles they drive is a possible option for raising new revenues and that these taxes could be used to offset the costs of highway maintenance at a time when federal funds are short.
The report discussed the proposal in great detail, including the development of technology that would allow total vehicle miles traveled (VMT) to be tracked, reported and taxed, as well as the pros and cons of mandating the installation of this technology in all vehicles.
And will it stop with the car driver? Me thinks not. Given how money encourages more gouging, I foresee anyone (commercial or private) driving getting pinched in the long run. It’s how the beast works. Yes, lots of bathroom humor.
It’s Friday. I give you Idiocracy. You can find it anywhere.
CONTENT WARNING: NSFW
March 25, 2011 at 9:29 am
Another regressive tax. How…novel.
March 25, 2011 at 9:31 am
You and I cut back when we need to. We reassess and modify. Why is it that government refuses to do that?
March 25, 2011 at 10:06 am
because all our $$ are belong to them?
March 25, 2011 at 10:22 am
March 25, 2011 at 2:16 pm
now here’s an idea!
http://www.correntewire.com/liberals_ndp_and_bloc_harper_government_no_confidence
March 25, 2011 at 6:58 pm
of course not every pocket into which they dig is one of our pockets:
http://www.huffingtonpost.com/jeff-biggers/big-coal-wikileaks-emerge_b_840037.html?ir=World
“When thousands of Bangladeshi take to the streets again on March 28th as part of a decade-long battle to halt a devastating British-owned open-pit coal mine, the world will not only be watching whether Bangladesh’s government will honor a coal ban agreement from 2006 or resort to violence.
In light of disturbing WikiLeaks cables, American and worldwide human rights and environmental organizations will also be questioning why the Obama administration is covertly pushing for Bangladesh to reverse course and acquiesce to an internationally condemned open-pit mine that will displace an estimated 100,000-200,000 villagers and ravage desperately needed farmland and water resources.
The short answer, from US Ambassador James Moriarty’s leaked memos: “Asia Energy, the company behind the Phulbari project, has sixty percent US investment. Asia Energy officials told the Ambassador they were cautiously optimistic that the project would win government approval in the coming months.”"
March 26, 2011 at 4:34 pm
http://www.zerohedge.com/article/feds-120-billion-other-assets
not sure one can call this creative exactly, but wth?!?!?