States Desperate: New Taxes For Owning A Driveway?
What if you owned a small business? What if you owned a small business and your customers came to your store or office? What if you owned a small business where your customers came to your store or office, and parked in your parking lot? What if you owned a small business where your customers came to your store or office, parked in your parking lot, and the government made you pay taxes for each and every car?
Would you still own a small business?
These may sound like hypothetical questions, but for a city in Kansas, they have become reality. Last night, the city of Mission passed a new tax on driveways. Yes, driveways. Home owners will pay $72 each year for having a driveway.
Business owners, though, take the biggest hit in this new tax, which is being hailed as “revolutionary” and “ground-breaking.” Beginning in December, all businesses will be taxed a fee of at least $3,558 per year.
But wait- it gets better… Let’s say that you own a local bank, where customers come in to see you for home loans, business improvement packages, or simply to put money aside for the future. You could owe the city $5,659 per year. Maybe you own a local fast food franchise- do you have an extra $12,200 sitting around? Because that’s how much you could be paying. Maybe you work at a local Target- where the annual tax would amount to a whopping $64,750 per year.