Originally Posted By: Shannow
Everything goes into consolidated revenue, then gets peed up the wall from there.
If gasoline taxes were collected and apportioned to roads, road safety, and transport infrastructure, Australia at least would have gold plated roads...
Same for any "sin tax" not going to the "sin" that it's justifiable on.
That's right...the dreaded "General Fund". Created by governments around the world since they were unable to keep their costs down in some areas and decided to steal from others. That's right I said "steal".
Cases in point:*
1) In the 60s, the US Congress used funds from Social Security to help pay for the Vietnam War. They paid the money back, in the 90s, but without interest, leading to the Social Security crisis of today.
2) In the 80s, the FAA was saving up the money to revamp the entire Air Traffic Control system all at once. This would have included radar, radios, and other equipment used daily. The FAA estimated that this would save 50% of the cost of doing the replacements piecemeal. The US Congress decided that the FAA was overfunded, took the money and spent it elsewhere, and it ended up costing the FAA double to replace the 50s technology.
*yes these are generalized
Sorry, this one plucked a nerve; apologies for venturing onto the line of politics.