petegoud
Silver Member
The price of diesel here in Washington state is currently about $3.85 a gallon. There's a lot of complaining going on concerning these prices and everyone is pointing the finger at everyone else to explain these costs. It got me to think a little about inflation. I compared these costs to what we were paying in 1980. I used my property taxes as something to judge against. Here goes, in 1980 I paid $880 in property taxes. In 2008 the same piece of property was being taxed at $5252. A fairly hefty tax increase from my friendly government. If I applied the same increases to gasoline sold in 1980 I would now be paying about $7.50 a gallon. If my property taxes went up at the same rate gasoline has gone up, I would have an additional $2,172 to spend for fuel each year. Perhaps some of our anger should be directed to other things. Any thoughts? Doug