Once again there is no inflation if you believe in the numbers that are given to you by the government. Common sense would tell you otherwise. Inflation is already here and it’s happening right before you eyes. Check your bills. Health care are you not paying more for it now than you paid for it last year ? Gas it’s back above $2:50 now.
For 40 years, health care costs have grown faster than inflation and wages.
Today, the United States — including the government, employers and individuals — spends more than 16% of its gross domestic product on health care, or $7,421 per person, according to the Kaiser Foundation.
If health care costs grow unabated, the country is on track to spend more than 20% of its GDP on health by 2018. In other words, 20% of the value of goods and services Americans produce will be spent on health care alone.
Postage increase,
Post Office Ready For Increase
Naples-Post Offices throughout the nation are increasing their supply of 2 cent stamps in preparation for the May 11, 2009 price increase of first class postage to 44 cents. Closer to home, the Naples Post Office currently has 2 cents stamps and Forever Stamps available for customers to purchase prior to the May 11th date.
Fee hike prompts DMV to adjust online calculator
Published: Friday, Mar. 20, 2009 - 12:00 am |
The California Department of Motor Vehicles is modifying its online fee calculator to reflect the state vehicle registration fee increase.
The fee now is 1.15 percent of the value of the vehicle, up from 0.65 percent, a DMV news release states.
N.J. Motor Vehicle Commission plans $40M to $60M fee increase
by The Star-Ledger Continuous News Desk
Monday February 23, 2009, 5:08 AM
N.J. drivers to pay more for insurance
Friday, June 19, 2009
Last updated: Friday June 19, 2009, 8:08 AM
Since Allstate New Jersey Insurance Co. announced in February it was seeking state approval for a 15.4 percent increase, nine more carriers — including Geico Group, Progressive Garden State Insurance Co., and Travelers Auto Insurance Co. of New Jersey — have received permission to raise premiums by 2.9 percent to 7 percent.
The surge in rate increases by companies that cover 1.9 million of the 5.3 million privately insured vehicles in the state reverses a downward trend. The last time Geico submitted a rate change filing it was for a 4 percent decrease in 2007. Geico, which raised its rates last month by 6.9 percent, insures more than 700,000 vehicles in New Jersey.
Posted: Saturday, 09 February 2008 7:01PM
NJ Electric Rate Increases
NEWARK, N.J. (AP) — New Jersey residents will see double-digit increases in their electric bills come this summer.
The increases, ranging from 10.5 percent to 17.3 percent, are based on the results of the annual auction for basic generation service conducted this week by the state Public Utilities Board.
June 15, 2009, 3:03 pm
City Council Endorses Sales Tax Increase
By Sewell Chan AND David W. Chen
By a 37 to 10 vote, the New York City Council on Monday called on the State Legislature to raise the city’s share of the sales tax to 4.5 percent from 4 percent, a move that is expected to raise $518 million in the fiscal year that starts next month and help alleviate some of the city’s mounting fiscal pressures.
N.J. Assembly approves tax increase on cigarettes, alcohol
by John Reitmeyer/Statehouse Bureau
Thursday June 25, 2009, 1:24 PM
5 States Hitting Residents With Big Tax Hikes
Even though raising taxes are typically a last resort, many states have no choice but to do so. And, in some, lawmakers are leaving no stone unturned when it comes to finding items or services to tax. New York, for instance, has raised taxes on tobacco, wine and limo services. Meanwhile, Massachusetts lawmakers approved a tax on satellite television service and Georgia lawmakers proposed a “pole tax” that would charge gentlemen’s club patrons $5 at the door.
To figure out which states are inflicting the biggest tax hikes on residents, SmartMoney pored over reports from tax research groups and contacted state budget offices. We looked at state budget deficits tracked by the NCSL and current sales tax rate data from the Federation of Tax Administrators, a group that provides services to state tax authorities. Finally, we turned to the Tax Foundation — a nonpartisan tax research group — for figures on tax burden, the average percentage of each state’s residents’ income that is paid in state and local taxes; the figures we use are for 2008.
– Here is even much more straight forward way to confirm if you’re living an inflated life or not. Home prices have fallen in most areas have your property taxes gone down accordingly or are they still at inflated value ( assessment ) ? well that covers every town, city , state in the country.
States: It’s taxes, taxes and more taxes
Desperate to balance budgets, states are hiking income and sales taxes on people and businesses.
By Tami Luhby, CNNMoney.com senior writer
Last Updated: May 20, 2009: 12:22 PM ET
NEW YORK (CNNMoney.com) — Facing mounting budget deficits and seeing few areas left to cut spending, states increasingly are turning to the only option they have left: raising taxes.
Though public officials are loath to do this, particularly during a recession, many governors are increasing personal income taxes, raising corporate income taxes, hiking cigarette and gas taxes, or broadening sales taxes.
– The thing is we can all live without electricity, gas, driver’s license, health care, mail. Certainly without alcohal and tobaco once you remove all those…there is no inflation. I can’t cover every state , city or town here..but you get the idea…with all these fees, taxes going up there is no inflation.
yeah right !! Check for your own town, city or state..you would be surprised that your cost is living has gone up..might go up even more..and yet it’s maintained that there is no inflation.
–Now let us see what is going to happen going forward….even if we consider there is no inflation right now. Obviously from someone who has more knowledge about such things than I have.
Posted Jun 22, 2009 07:00am EDT
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