Taxes - Absurd new way the gov't is stealing from you

Tuesday, February 09, 2010




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Absurd new way the gov't is stealing from you

Thursday, July 09, 2009
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By Daily Crux Editor Sean Goldsmith:

States are getting creative in the search for new tax revenue…

South Carolina is considering legislation that would allow the state to seize unused balances on gift cards. Texas is considering collecting unused credit on cards with no expiration date - it already takes credit from cards with an expiration.

And the under-the-radar theft could mean big money… Each year Americans spend around $65 billion in gift cards - excluding bank-issued prepaid cards - but don't redeem $6.8 billion.

Read full article...

More on taxes:

Atlas Shrugged spreads to New Jersey

This tax fact should make your blood boil

A clear explanation of why your taxes are a lock to go higher in the next few years

Topics:		Taxes \| Government Stupidity \| Boondoggle

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