Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (18641)	9/9/2009 10:48:34 PM
From: Hope Praytochange	1 Recommendation Read Replies (1) \| Respond to of 103300

Taxes: Air travel is valuable but vulnerable, subject not only to mishaps but also to greedy tax bites that discourage consumers. Behold, then, two boneheaded schemes from both sides of the Atlantic. Hard to say which is worse. From the U.S., the Democrat-led Congress is mulling the misnamed "Travel Promotion Act" to hit travelers with a $10 tax for visiting the U.S. under the visa waiver program. High-spending Europeans will take the hit. The aim? To promote more tourism through a "nonprofit" company staffed by political cronies and set up to buy advertising. From the U.K., a government advisory Committee on Climate Change is recommending a $10 tax of its own on every airline ticket sold. The purpose here is to compensate Third World countries for global warming, turning every business trip into a guilt trip. For anti-Western tinhorns already short of cash - like Zimbabwe's Robert Mugabe or Ecuador's Rafael Correa - the gravy train is rolling in.