Here They Come For Your Money – Dozens Of States Are Raising Taxes In 2011
You didn’t think that state governments would rack up all of this debt without eventually coming after your money, did you? In 2011, dozens of U.S. states are either implementing tax increases that have already been passed or are debating new tax increases that have recently been proposed. In most states, the actual state income tax is not being raised. State politicians have learned that voters really tend to get angry when that happens. Rather, our politicians on the state level are looking for taxes and fees that won’t be “noticed” that they can raise. For example, cigarette taxes, alcohol taxes, gas taxes, carbonated beverage taxes and phone taxes get raised a lot because the voters do not pay them directly to the government and typically they do not get noticed as much. Another huge area where state politicians love to raise money is through various “fees”. For instance, millions of Americans have noticed that car registration fees and license fees have absolutely soared in recent years. Instead of our politicians coming at us with one big, huge tax increase that we would surely notice, they are hitting us with dozens of smaller tax hikes and fee increases that they are hoping we will not get upset about. The truth is that the average American pays literally dozens of different kinds of taxes each year, and it still isn’t nearly enough to cover the horrific debts that our politicians have piled up. (Read More...)