I get paid. I pay income tax.
I buy groceries at Kroger. I pay sales tax.
Kroger sends 3% of my twice-taxed money to my kid's HS, who puts it an account that funds his senior trip with his band, and lessens the amount I have to pay later, when the trip actually occurs. Sort of a savings account that pays 0% interest.
The Commonwealth of Kentucky has now forced a redistribution of this wealth.
They "found" this money in this account while auditing the schools.
Now, instead of MY purchases funding the trip of MY kid, the state has said the funds in these accounts must be SHARED EQUALLY among all kids going on the trip, or the individual must pay further taxes on this "income" received from Kroger.
We've been "saving" in this account for 2 years, paying for his other trips to save this money for the BIG senior trip. We could have used the money when he was on any of the trips, but didn't/
Now because we had more money than the average, we lose $800 to the folks who did not save ths much, or who spent it in an earlier year.
One of you pro-gubmint liberals please explain how this is not tyranny.
I buy groceries at Kroger. I pay sales tax.
Kroger sends 3% of my twice-taxed money to my kid's HS, who puts it an account that funds his senior trip with his band, and lessens the amount I have to pay later, when the trip actually occurs. Sort of a savings account that pays 0% interest.
The Commonwealth of Kentucky has now forced a redistribution of this wealth.
They "found" this money in this account while auditing the schools.
Now, instead of MY purchases funding the trip of MY kid, the state has said the funds in these accounts must be SHARED EQUALLY among all kids going on the trip, or the individual must pay further taxes on this "income" received from Kroger.
We've been "saving" in this account for 2 years, paying for his other trips to save this money for the BIG senior trip. We could have used the money when he was on any of the trips, but didn't/
Now because we had more money than the average, we lose $800 to the folks who did not save ths much, or who spent it in an earlier year.
One of you pro-gubmint liberals please explain how this is not tyranny.