GM went on the record opposing Governor Christine Gregoire on Senate Bill 5251. For those of you not familiar with the bill, it would impose a $100 annual tax on electric vehicle owners to make up for lost revenue not paid in gas taxes.
GM’s Regional Director Howard Lenox, Jr. wrote "A fee which singles out electric vehicles will be a disincentive to the growth of the electric vehicle market in Washington State. As a practical matter, there are so few vehicles on Washington's roads today that their impact in replacing fuel tax revenues will, for now, be negligible."
Now, we understand where the Lenox is coming from, but has he sat through 405 traffic in the morning? Seattle area traffic is some of the worst in the nation. The bill is supposed to generate $1.9 million dollars in lost revenue by 2017. However, it's still subject to approval by Washington state voters. It’s reported that Arizona, Oregon, and Kansas are among other states to pass similar bills.
How about you? Would you oppose or support Senate Bill 5251? Leave your answers in the comments letting us know!
New York’s Governor David Paterson is trying to come up with creative ways to pad the state’s $15.4 billion deficit. One of these is an “iPod tax” that would charge for downloaded music and other “digitally delivered entertainment services.” In addition, cable and satellite TV services, movie tickets, taxis, soda, beer, wine, cigars and massages will also be taxed. The proposal must still get legislative approval and we expect that if it passes, there may be an influx of New Yorkers flooding to places like New Jersey to get their tunes.
Read More | NY Daily News
We figured it was time to start throwing polls into the mix here at Gear Live, as it’s an oft requested feature from our readers. That being said, now that we are just shy of a week after tax time (you did remember to file your taxes, right?) and we want to know if you guys take advantage of the e-File method of doing thing, or if you rely on the more traditional practice of mailing everything in to the IRS in a MacBook Air-style envelope. How geeky do you keep it? Let us know.
We know a few CPAs that moan and groan about loss of work because of H&R Block, but since April 15 will soon be arriving we wondered just how useful their TaxCut software is. The program goes step-by-step and if you have questions there is a FAQ pop-up and a Tax Advisor option for online advice. If you previously used Quicken or TurboTax, it will import all its data. There are also tax tips and videos for more assistance and tax-planning for the future. DeductionPro can help you chop off a few more bucks. Available at prices starting at $39.95, check out PC Mag if you are interested in their comparison with the ever-popular TurboTax.
Read More | TaxCut Store Store
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