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Massachusetts Taxes
Massachusetts' favorite forms of taxation:
  • Pay-as-you-go (I-90/Mass Pike)
  • Pay again (Exit 18/Mass Pike)
  • Pay-before-you-go (gas tax)
  • Pay when you get there (Mass. taxes ALL your income, even if it's earned somewhere else)
  • Pay when you buy it (sales tax)
  • Pay if you're eligible for state health insurance but don't take it.
  • More working their way through the legislature as fast as the pipeline can carry them.
\begin{rant} I'm pretty sure I don't get to partake in anything I'm paying for. I'm all for alternative forms of energy, but paying $2.5 million for the Deer Island wind turbines that will save $100,000 sounds pretty useless to me. If they last 25 years and require no major maintenance, their rate of return is ZERO. If they make it 30, they earn 0.67% per year, without benefit of compounding. At 50 years, that goes up to 2% return, and at 100 years, 3%. Even if they last until the end of time without rebuilding, they will never see a 4% annualized return on their investment. Compare to a 30-year bond, which earns similar rates, but compounds. A 3% bond would beat the turbine by a factor of six over 100 years, and the bond isn't subject to New England weather. Environmentally, I'm presently imagining the petroleum consumption required to build these things.

Am I missing something, or do other people have problems making governmental finances add up to the bottom line? \end{rant}

Then I had to laugh at the places in the instructions that instruct you to copy the number from your IRS form to the state form. Sounds a lot like, "Well just give me whatever you gave Uncle Sam and we'll call it square, alright?"

I'm not sure how anybody gets a-head in this state. I'm ready to lose mine. Maybe that means I should go back to the lab and work some more.
 
Red Carpet

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