photo by Est Bleu2007 (cc-by)
New taxes on drinking water, milk, tooth paste and toilet paper will help pay for Congress’ infrastructure projects.
Congress says they need to raise around $22 billion dollars to pay for projects they believe will improve water quality across the country. So Rep. Earl Blumenauer proposed last week the Water Protection and Reinvestment Trust fund.
Blumenauer’s proposal would set up a new fund modeled on the Highway Trust Fund, which is fueled by a gasoline tax. The water fund would similarly derive its money — or most of it — from industries and consumer products that contribute to water-related problems:
- A 4-cent tax on the containers of water-based beverages in glass, cans, plastic that are 5 gallons or less, not including alcoholic beverages, milk or juice from concentrate.
- A 3% wholesale tax on disposable products normally flushed or disposed of through sewer systems, such as soaps, detergents, toiletries, toilet tissue, water softeners and cooking oils.
- A .5 percent wholesale tax on pharmaceuticals.
- A .15 percent tax on corporate profits over $4 million a year. [Daily Green]
“Climate change mitigation” is a major motivator for Congress, and that much is mentioned in the proposal. However, it’s not clear how the taxes would curb climate change specifically.
are u shiting me
this is ridiculous
This needs to be flushed away immediately This STINKS
Well they gives us a little more money on our pay checks then they take it away with putting more tax increases on the everyday things we AMERICANS NEED WHAT THE HELL WE TO DO.
Managing your finances can be challenging even before you think about taxes. Our best advice is to keep good records of anything that may affect your taxes on April 15. That way you will be armed with the type of information and data that’s needed to make sense of it all.
They forgot to ad tampons to the menu..
I don’t agree with all your thoughts, but you do have good point of view.
How is it possible that all elected officials invariably prove themselves to be the stoopidest people on the planet? I think Rep. Earl Blumenauer needs a swirley. Maybe then he will connect with the real world.
these are everyday necessities. the government needs to get real!how are people going to survive nowadays with all of these changes!
Mr. Blumenauer, I recall a little party in Boston in 1773 over a dispute called the Tea Act. Honestly, the TP tax? I guess everyone has a defining moment in their career. I see your’s flushing down the drain.
This is a joke right? Okay HA HA, the jokes over