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Author Topic: Taxes - what do retirees do? 5% tax on income from investments...  (Read 4877 times)

John Edward Mercier

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Re: Taxes - what do retirees do? 5% tax on income from investments...
« Reply #15 on: December 12, 2011, 02:26:21 am »

A toll at every intersection?

We don't have 'one entity' in NH controlling roads.

And its not the government... its you and your neighbors.
There is no magic 'THEM'.
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time4liberty

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Re: Taxes - what do retirees do? 5% tax on income from investments...
« Reply #16 on: December 12, 2011, 09:03:16 am »

A toll at every intersection?

Are we talking in the government context, or not? The current tolling scheme is fairly ok with me, as far as it goes.

There's no reason electronic tolling couldn't be used to spread tolls out more evenly though.

Many logistical concerns have been solved in the past -- in some cases, very ingeniously. For example, turnpikes were often chartered with very low toll ceilings -- lower than would be necessary to recover the initial investment, or even waivers for local users. Then, they'd seek local investors, who would be motivated to invest in the effort despite the fact that it provided a lower ROI than other investment opportunities -- because it directly benefited them and their community.

As is usually the case, resorting to government solutions is really the result of a profound lack of creativity and imagination - or even the recognition that others may have creative and imaginative solutions.
We don't have 'one entity' in NH controlling roads.

That's true, there are many town roads -- and I'm glad of it. I wouldn't, for example, want the state of NH to take it all over.

And its not the government... its you and your neighbors.
There is no magic 'THEM'.

I'm not the government. If I were the government, it would behave very differently.

They extract my money by force, then spend it to do things I consider evil.

And, the farther up the chain you go, the less accountability they have. I'm about as likely to change the way federal bureaucracies run as I am to change the way Goldman Sachs runs. At least, with legitimate businesses, they don't force me to be their customer.
« Last Edit: December 12, 2011, 09:11:15 am by time4liberty »
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John Edward Mercier

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Re: Taxes - what do retirees do? 5% tax on income from investments...
« Reply #17 on: December 12, 2011, 12:45:55 pm »

So your suggesting the subsidation of local users? How very socialist of you?
And the 'local investors' gifted the roads... hence why they are no longer private.

The State of NH owns very few roads...
The local municipalities are given a portion of gas taxes to supplement the network costs.

And you are the government... just not a monarch.

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time4liberty

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Re: Taxes - what do retirees do? 5% tax on income from investments...
« Reply #18 on: December 12, 2011, 03:05:01 pm »

So your suggesting the subsidation of local users? How very socialist of you?

I don't see how you got that.

Ultimately, I support local community control of roads (even below the town level, if possible), funded via user fees/subscriptions, voluntary contracts, etc. It's already worked many times in the past, in many different locales. Heck, my extended family helps contribute to a privately maintained and financed road in NH, with around a dozen other households, and it works very well.

And the 'local investors' gifted the roads... hence why they are no longer private.

Again, in many cases they did not gift them. Many roads have been obtained or built via eminent domain and taxation, and virtually all government roads are maintained via taxation.

The State of NH owns very few roads...

I like that they use tolls to finance the ones they have - I do wish they'd use them exclusively.

The local municipalities are given a portion of gas taxes to supplement the network costs.

Gas tax is far better than property or sales tax, but it's still not a true user fee, because it taxes people who use private roads, boats, generators, lawn mowers, snow blowers, etc -- not just those using the roads.

And you are the government... just not a monarch.

John, I'm not the government in any way, shape, or form. I want nothing to do with their organization, as I think much of what they do is highly immoral -- in the case of the federal government, almost all of what they do fits this description. The fact that they elect their officers does not make me a member of their organization. I don't like the fact that they use aggressive violence and the threat thereof as a part of routine operations, or the fact that they rely on extortion for funding, or the fact that they try to excuse it by appealing to popular opinion, or the fact that they perpetuate these amoral attitudes and excuses among the next generation in their schools. Most of their behavior would be recognized as anti-social, intolerant, and illegal in any other context.

It's a crummy, crummy way to organize society.
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John Edward Mercier

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Re: Taxes - what do retirees do? 5% tax on income from investments...
« Reply #19 on: December 13, 2011, 02:15:44 am »

You suggested waivers for local users...
And those exist... right up until the point that they are gifted to the municipality and accepted by voters or their agents.

Most in NH were gifted. And taxation rather than tolls is now the standard due to economic considerations.
And you can apply for reimbursement of gas taxes paid for non-highway (road) usage... the average person just doesn't bother.

What do these taxes have to do with the federal government?
Property taxes are mostly local... and much of State taxation is a subsidiation of those local property taxes.


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