New tax?

[Craig.]

These new tracking ideas and such, are future proofing the Governments from their own obsession with hybrid and future technology vehicles. The more vehicles that are hybrids and in the case of the Honda Elemant pure electric/ hydrogen. The less they'll make off of gasoline taxes. Then take into account in the case of Britain, these cars are the lowest tax bracket for car tax. I believe in some you dont even pay a road tax. More money lost. The latest report was the British Government wants every motorist driving a hybrid vehicle by 2020.
If that were to happen they'd have no real income from tax and boom no money.
They've screwed themselves really. They claim the increase on taxes here is to combat the various climate things. Yet it is a "road tax" they have no right to use that as an excuse to raise the prices on tax because it isn't an eviromental tax. I think that will be the future. The road tax should be reduced and replaced with an enviromental tax which is then based solely on a vehicles harm to the enviroment. At least that way it would give the government a legitimate excuse to screw us all over instead of trying to hide it as they do now.
(god i want to throw up after that.)

[Anxyous]

Just wanna post some stuff here...

Max percentage a Dane can risk paying in tax (when said Dane has an income above a certain point): 63%

VAT: 25%.

Current price of 1 LITRE of gasoline: 1,45 USD.

And you guys think, you've got it hard

[DaveSims]

The highest tax bracket in the US is 48% of your income, but that doesn't tell the whole story.  After sales taxes, gas taxes, and all the other taxes the government has found to levy against its citizens, we are right up with the Danes.

[Anxyous]

[quote]The highest tax bracket in the US is 48% of your income, but that doesn't tell the whole story.

[Hagar]

This is hardly a new idea. It was among the new measures proposed by the British government as long ago as 2003. http://news.bbc.co.uk/1/hi/uk_politics/3317197.stm

What these people don't seem to appreciate is that, like those awful Gatso speed cameras, these mechanical devices can only penalise the ordinary law-abiding motorists. If your car is untaxed you cannot be traced. The latest figures I can find (July 2006) estimate that 1.55 million private vehicles in the UK are untaxed & the situation is getting worse. Untaxed vehicles will usually have no MoT certificate or insurance. Less than 1 in 40 of these tax dodgers are caught. Perhaps some of these geniuses could figure out a way of correcting this ridiculous state of affairs before dreaming up ways of persecuting the long-suffering, law-abiding motorists any further.

[HarvesteR]

You Americans wouldn't complain about your taxes at all, if you had been to Denmark

at least Denmark is a first rate country...

no one in the world pays as much tax as a brazilian... AND we get nothing in return as most public services suck, and you're forced to pay for private everything (transportation, healthcare, security, education... the whole shabang)

so i'm leaving as soon as i finish college... how am i ever to become a millionaire if i'm working 5 out of 12 months just to pay for tax (not including taxes bundled into purchased goods) i for one won't stand around here and watch a good-for-nothing government suck my soul away

i'll stop now... i could go on and on forever ranting  :-[

Cheers

[Anxyous]

Yay, the Danish government just cut back on tax... Highest rate is now a mere 56%

[BFMF]

I say tax all the hot air, waste, and BS in the goverment. That's bound to exponentially increase the revunue and government effeciency....

[Steve M]

After rereading this thread, I would like to comment. In Canada, Ontario specificly, Taxation percentages depend on what you do. Example, if you work at a median pay rate, if you must drive and buy fuel, if you like an alchohol beverage in the evening, if you partake of tobbaco, and if you do not own your own company your tax percentage can be 70% plus. I am referring also to home owners with propery tax, land transfer tax, capital gains, and ect.
The life and times of a one dollar piece amazes me. It gets Produced by a mint and put into circulation, paper money should be able to circulate through at least 100 people before it is worn out. So now a minimum of 100 people have paid income tax to get it, and sales tax to spend said dollar. Now say the income tax on the dollar is only 30% and your local sales tax, and sin taxes or fuel taxes are only at 10%.
By the time this paper money has exchanged hands at least 100 times at 40% tax per exchange........ well, one of the younger guys can do the math.   At the end of the day, every time money is made it returns its author 10 or 20 times its value.  

[ShaneG_old]

I say tax all the hot air, waste, and BS in the goverment. That's bound to exponentially increase the revunue and government effeciency....

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