Lamont's truck tax will pour gasoline on the inflationary fire

[B00Mer]

It doesn’t require a Ph.D. in economics to understand that when the cost of truck transportation goes up, the price of what’s being hauled does, too.

Opinion: Lamont’s truck tax will pour gasoline on the inflationary fire

Despite false claims to the contrary, the trucking industry is proud to pay our fair...

www.ctpost.com

 

[petros]

They need inflation. There is 50% more tax revenue on an item that is $1.50 than on the same item priced at $1.00.

 

[B00Mer]

They need inflation. There is 50% more tax revenue on an item that is $1.50 than on the same item priced at $1.00.

you have that backward.. if you have apples priced at $5 you will be paying $7.50 after the tax hike..

In short your $100 grocery bill is now $150

 

[petros]

you have that backward.. if you have apples priced at $5 you will be paying $7.50 after the tax hike..

In short your $100 grocery bill is now $150.

How do I have it backwards?

 

[taxslave]

you have that backward.. if you have apples priced at $5 you will be paying $7.50 after the tax hike..

In short your $100 grocery bill is now $150

Yes, but that $2.50 goes to the government. A hidden tax that is ultimately born by the long suffering taxpayer. Then again if they are that stupid that they voted for this clown they deserve to pay the bill.

 

[B00Mer]

Yes, but that $2.50 goes to the government. A hidden tax that is ultimately born by the long suffering taxpayer. Then again if they are that stupid that they voted for this clown they deserve to pay the bill.

state tax

 

[taxslave]

state tax

Doesn't matter what level of government steals your money. There is still only one level of taxpayer to support multi levels of parasites with taxation authority.