Replies to post #80441 on Sino Agro Food Inc (fka SIAF)

[tomatotom]

There is a right way and a wrong way to use tax money. Some states do just fine, but others have union contracts which mandate the use of 5 workers and 3 supervisors to do the work of 2 people. Cut out the waste and higher taxes are not necessary to get superior results.

[Helium-3]

Maybe you're from Europe and don't know this but in the US they haven't raised federal gasoline taxes form 18.4/gallon in 21 years. In the meanwhile inflation has averaged almost 3% per year so gas taxes are actually way down from 1993. Meanwhile we are trillions of dollars behind in rebuilding bridges and if you travel to the northern states that have frost the roads really suck. Besides a good bridge and road building program would create much needed jobs (and tax base)

I would be curious to know what the Federal Govt. actually collects in gasoline taxes over the last 21 years. It seems there must be more drivers on the road that would lead to more taxes being collected that would outpace your inflation estimates, but I guess that discussion is probably for another room. Nevertheless you make an interesting argument.

Go SIAF