taxation

[HungLikeJesus]

I'd say an ideal ratio would be 1/3 of income goes to taxes (federal, state, local, etc.), 1/3 goes to savings/investments, and 1/3 goes to expenses.

I haven't really thought it through, but it sounds like a good balance.

[glatt]

And toll roads should be illegal. Highway maintenance should be paid for with federal gasoline taxes.

Virginia is considering putting tolls on 95, so that it can tax out-of-state drivers passing through, just like all the other East Coast states do. Sure, I feel sorry for Delaware, where 50% of their traffic is out-of-state people driving through, but there has to be a better way to pay for things than to stop the flow of traffic to collect money.

[classicman]

Originally Posted by HungLikeJesus

I'd say an ideal ratio would be 1/3 of income goes to taxes (federal, state, local, etc.), 1/3 goes to savings/investments, and 1/3 goes to expenses.

I haven't really thought it through, but it sounds like a good balance.

So we should all pay 100% tax rates? Do we get to eat