Quote:
Originally Posted by Seaplane Pilot
These blood-sucking insects in Concord are about to vote on a bill on Wednesday to allow local cities and towns to set their own rooms and meals tax rates. These are the same blood-suckers that voted against allowing citizens to vote in tax caps. So their position is that citizens should not be allowed to vote to cap taxes, but local Government can be allowed to set their own rooms and meals tax rates. I can see these towns around the lake frothing at the mouth already, just thinking of all the extra revenue. Talk about a measure that will deal the final death blow to the hospitality industry, this is it for sure.
|
There is
some theory that says that after a point there is diminishing returns in raising taxes. We have reached that point in both the current State and Federal administrations.