Thursday, March 04, 2004
Gas Tax Funds:
So Paul Martin is going to transfer some of the tax revenues from the fuel taxes back to the provinces for road repair. Seems only fair considering that this tax was originally established inorder to provide funds for roads. Over the years less and less of this money has found its way to the roads. This is the kind of thing we deal with all the time. The government establishes a new fee or tax and just as quickly divert these funds from their stated purpose. Politicians treat tax revenues as if they are their own personal funds to do with as they please. The same can be said of income taxes as a whole. Originally, they were established to support the war fund. After the war, it was to pay down the war debt. As we all know, we are still paying and paying and paying, while we watch these funds being mishandled. It's far past time that our leaders stop treating these funds as their own cash for life lottery.
So Paul Martin is going to transfer some of the tax revenues from the fuel taxes back to the provinces for road repair. Seems only fair considering that this tax was originally established inorder to provide funds for roads. Over the years less and less of this money has found its way to the roads. This is the kind of thing we deal with all the time. The government establishes a new fee or tax and just as quickly divert these funds from their stated purpose. Politicians treat tax revenues as if they are their own personal funds to do with as they please. The same can be said of income taxes as a whole. Originally, they were established to support the war fund. After the war, it was to pay down the war debt. As we all know, we are still paying and paying and paying, while we watch these funds being mishandled. It's far past time that our leaders stop treating these funds as their own cash for life lottery.
# posted by Wil Smith : 7:12 a.m.
