Tag Archives: taxes

State Tax Collections Increase $62 Billion in 2011

Posted on 12 April 2012 by Ken Zino

Politicians will have more money to spend – or squander – depending on your viewpoint, according to a new U.S. Census Bureau report released today. State government tax collections increased $62.1 billion to $763.7 billion in fiscal year 2011. Continue reading →

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Automobile$ Provide $91.5 Billion in $tate Tax Revenue$

Posted on 11 April 2012 by Ken Zino

The amount of revenue involved begs questions about the lack of U.S. industrial policy – alone among industrialized countries – as well as what critics say is anti industry attitudes among politicians and regulators. These critics also point to the actively hostile policies of the U.S. State and Defense Departments, which support and protect offshore automakers, while increasing taxes for U.S. based automakers. Continue reading →

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California Drivers Cut Gasoline Use. Tax Revenues Hurt

Posted on 30 March 2012 by Ken Zino

Because of the recession, increases in California’s sales taxes and more fuel efficient vehicles, among other variables, taxable gallons of gasoline used in California – at 14.7 billion gallons in 2011 – was at the lowest level in more than a decade, a declining trend that has been going on since 2005. Politicians with their insatiable need for more taxes are concerned, which means hang on to your wallet as they figure out how to make you pay more for using less gasoline. Continue reading →

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Great Recession Cuts Congestion as Economy and Traffic Stall

Posted on 28 September 2011 by Ken Zino

The growing traffic congestion problem is the direct result of politicians refusing to address the underlying problem of a bankrupt Highway Trust fund. Federal gasoline taxes that support the highway system, – 18.4 cents per gallon – have not been increased since 1993 as the population expands and road use and repair costs go up. Continue reading →

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House and Senate Finally Agree Not to Close FAA but Fail to Address Taxes for Aviation and Bankrupt Highway Trust Fund

Posted on 16 September 2011 by Ken Zino

Last night the U.S. Senate went along with the House of Representatives and agreed not to shut down the FAA because its authority to impose excise taxes on airline tickets had expired. It was the 22nd extension of existing taxes … Continue reading →

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Senate Dithers as Highway Trust Fund Goes Broke

Posted on 16 February 2011 by Ken Zino

During a hearing today in Washington, Democrats and Republicans postured over President Barack Obama’s proposal for a six-year, $556 billion highway bill with none of the partisans suggesting how it will actually be paid for.

This ducks the real issue of the ongoing decline in highway trust fund revenues that built the interstate system during the 1950s and contributed to what was then a booming American economy. Continue reading →

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