strangercreek Posted June 10, 2007 Posted June 10, 2007 strangercreek, while fuel taxes help suck fuel like a V-8, they're a flat fee, not a percentage. So the govt. gets the same amount whether gas is $1 or $3 a gallon. THey should want gas prices to drop so people will increase their recreational driving, which leads to recreational spending. Sales tax is a percentage, so the more goods and food people buy, the more tax revenue is generated. Cities like Springfield w/ no city income tax get the vast majority of their revenue from sales tax. The sales tax is flat, no raises for employees, no additional services, no new hires, etc. They want people to have extra money to spend on other stuff. Same with towns like Branson. I think the sales tax is restaurants is around 10% (or it used to be). I guess you are right, the tax thing is very confusing, especially based on state. It looks like MO and KS are actually not that bad. I guess you have to start picking it apart by state to start looking at percentage based taxes on gasoline etc. I still wish it was less though.
timsfly Posted June 10, 2007 Posted June 10, 2007 Our gas here in town has dropped from 2.99 to 2.78 in 2 days, is it dropping everywhere, and how long will it drop do you think. Tim Homesley 23387 st. hwy 112 Cassville, Mo 65625 Roaring River State park Tim's Fly Shop www.missouritrout.com/timsflyshop
strangercreek Posted June 10, 2007 Posted June 10, 2007 good question. I think I saw 2.89 outside of KC today. I was in Osage City Kansas on Friday and saw a sign that said 4.36, it must have been a joke (smart aleck messing with the sign). I definitetly did a double take though
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