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Oh, the Taxes just keep Coming!

by Jennifer Kirby on May 14, 2007
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I would hope by now you have heard the latest news in Minneapolis. Once again our legislation is looking for ways to fund future projects, and in this case our roads. Now, I have no idea on possible alternatives because right now my brain is hurting just from the news.

It just passed today to increase the cost of gas by adding a 5 cent gas tax to what we already pay. Currently 28 cents of our gas price is state taxes. Here is what is also attached to the bill that you might not know about:

  • another 2.5 cents increase would be allowed at anytime
  • the Metro sales tax will increase by another 0.5 cents

What does this mean for you? How about an yearly increase of $300-500 per year in what you spend currently for gas.

What do you think? Do you support an increase or do you say, enough is enough?

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