Tuesday, January 1, 2008

This Is Not What I Would Call Governing

Virginia needed money for roads. Virginia politicians were too wimpy to raise taxes, especially the gas tax. Virginia empowered a non-elected body with the ability to set "fees" and adjust property taxes to raise money for roads. So starting today in Northern Virginia you will pay the state 2.5% of the sale price of your house for the privilege of selling it. You will pay more to have your car repaired, or to buy a car. You will pay more to stay in a hotel room, or rent a car. The real estate fee makes the least sense. The market in Northern Virginia has collapsed, with housing prices falling several percent. People cannot find buyers, and you now just made it even harder to sell. See the details in The Washington Post here.

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