Disproportionate taxation.
Why is it that New York State seems to be a hot bed of zaney tax ideas? Whether its taxing cars in Manhattan or the rich in the state, they are always on the forefront of creating new government revenue.
Well here’s a scary one. They will now tax “large” web retailers a sales tax. This is a dangerous precedent to set. There is no doubt in my mind that once the government gets used to a source of income they will never relinquish it. It’s disheartening. When will it end? When we are effectively taxed at the majority of our income? Where is this money going?
The trend in taxation is out of control. When the governement says that a toll road’s toll will be repealed when the road pays for itself, it never happens. The line must be drawn somewhere… Who will stand up to this.
Factor in all the sales tax you pay with your registration, property tax, state and federal income tax, and you will soon see that 50%+ of your income is going into the governments hands.