Tuesday, April 8, 2008

Arguments about the right time

There is no real right time for a tax increase, but this seems like a terrible time to pursue an increase. If you are fortunate enough to have health insurance you have probably seen a premium increase. The average increase has been 34% the past few years. Others such as homeowners, auto, and commercial liability insurance have also seen an increase.

Along with the premium increase more than likely your deductible has seen an increase. All have experienced the new price in fuel and food since 2007.

Readers will have to draw their own conclusions as to if they can afford the additional tax rate increase of 43 cents.

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