Letter to the Editor - General Electric and Light Rail
Written By: Larry Schroeder | Posted: Wednesday, June 15th, 2011
Thankfully, Governor Walker protected Wisconsinites from "crony capitalism" and the fiscal burdens of light rail. Minnesota has included a $20 transit tax to the purchase price of automobiles to help cover light-rail losses. This taxation without representation and "crony capitalism" set legal precedents that weaken our constitutional freedoms and distort markets.
Private industry uses its own dollars to invest in projects making them accountable for their own financial success. Through legislation, our government uses our tax dollars to manipulate markets and protect government-directed businesses from liability.
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