A Democrat wants to raise your taxes again. Surprise Surprise
Posted on 03/18/2015 6:06:18 AM PDT by TurboZamboni
So Governor Mark Dayton of Minnesota wants another new tax--this time adding a 6.5% gas tax at the wholesale level, along with license fee increases and a new metro-wide sales tax for, you guessed it, mass transit.
A lack of government revenue isn't what plagues our roads. About 25% of the current federal gas tax of 18.4 (not including diesel) cents per gallon is siphoned off for non-highway uses, primarily via the Mass Transit Account. As a result, the HTF must now rely on general fund bailouts to survive.
Recent history here in Minnesota also proves a similar point. In 2006, voters bought a bill of goods known as the "Vote Yes" transportation amendment ostensibly aimed at dedicating the motor vehicle excise taxes for roads. By the time transit interests got done with it, 40 percent of its revenue was being redirected for things like the Central Corridor light-rail project.
In 2008 a $6.6 billion multiyear state license, gas and sales tax passed with the false assurances this would make the Minnesota Highway Trunk Fund Solvent for years to come. In fact, the last portion of the tax just kicked in two years ago (see chart). MN 2008 Motor Fuels Tax Phase-In Period: FY 2007 Rate (in cents)*: 20.0 Period: FY 2008-09 Rate (in cents)*: 20.0 - 25.5 (varies) Period: FY 2010 Rate (in cents)*: 27.1 Period: FY 2011 Rate (in cents)*: 27.5 Period: FY 2012 Rate (in cents)*: 28.0 Period: FY 2013 & After Rate (in cents)*: 28.5 *Rates apply to gasoline, diesel, and certain gasoline blends. Of course, it doesn't help matters that only 40% of the Highway User Tax Distribution Fund is allocated to the Mpls-St. Paul area, home to 60% of the state population.
(Excerpt) Read more at galt.io ...
If Minnesota hadn’t wasted half a billion tax dollars to build a new playground for the Vikings, we wouldn’t be having this conversation.
I remember when we (I lived there at the time in the 1980’s) had a 4% sales tax and a “temporary” .5% tax was put in to pay for the new dome stadium..... It never went away and the tax just keeps going up.
Yes we would.
They never have enough.
Solution: Move.
A Democrat wants to raise your taxes again. Surprise Surprise
It’s already tough to buy some beer on Sat. Night. Raising the price of gas to go get some is clearly outrageous. In the future I’ll be paying more attention while driving through Wisconsin.
Please tell me it’s non starter in the GOP State House.
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