Tuesday, April 11, 2006

Taxes

I have been looking at a few tax sites lately. One is the U.S. Census site that gives ranks to all 50 states in our taxes. The site says "States Ranked by Total Taxes and Per Capita Amount: 2005". The per capita tax rate must not be "total" and take into account state income tax, sales tax, property tax, and the like. North Carolina is listed in 25th place in per capita amount at $2,146.68. That just seems pretty low to me.

Another site that I have heard about a lot over the past several months is stopthegastaxhike.com Check out the site. North Carolina pays "through the nose" in gas taxes. Our system for determining tax rate sucks royally, as it is based upon automatic fluctuation that is determined by average price of fuel. Since we got hosed earlier in gas prices, our tax rate went up 15%, as I recall. Our gas prices are going up again, so we are going to get nailed again in gas tax rates. Here are some gas tax rates here in the southeast:
* North Carolina: 29.9 cents per gallon
* South Carolina: 16 cents per gallon
* Georgia: 7.5 cents per gallon
* Virginia: 17.5 cents per gallon

Pump gas, bend over, grab ankles.

No comments: