Tuesday, December 16, 2008

Taxes

Thank God I live in Tennessee, a state where an income tax is unconstitutional. Sure, we pay a higher sales tax, but I prefer it that way. I get to decide if I really need that $3000 flat screen or not. Taxing consumption is a much fairer way of generating government revenue than taxing income. It's a lot harder to hide money when you tax consumption than it is to hide income.

The argument I've heard most from people who like state income taxes is that they pay lower sales taxes. In fact, many, if not most, states exclude necessities like food and clothing from sales taxes. That, the Moochers say, more than makes up the difference.

However, it seems that the state of New York has decided to raise taxes in a big way. They're going to tax your music downloads, your can of Coke, your taxi fair, and now, (OMG) your food and clothing! I don't see where Gov Patterson is lowering the income tax rates to balance this out.

A Looter never met a tax he didn't like, or one that she wouldn't raise.

Tuesday, December 09, 2008

Gymkhana

I got this link from the Dec 1, 2008, issue of Autoweek magazine. Check it out. It's worth 4 1/2 minutes of your day. Wonder if I can get my Nissan pickup to do this...?

http://video.kenblockracing.com/flash/small_player/preloader.swf?vendor_id=204&media_id=9183&bgcolor=FFFFFF&autoplay=0