"Wow! We have an expert on China here."
"To tax (from the Latin '; "I estimate", which in turn is from '; "I touch") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law."
Thanks for the definition, though etymology is probably immaterial at this point. I'm no big fan of the requirement to buy insurance. It's not a tax but an attempt to even out the tab of health care through private entities--insurance companies. Makes mincemeat of the "socialist" nonsense.
"A 1792 federal law
But before you go, what do you think about cities using building permits as revenue generators? You know, when the actual regulatory costs for the permit are $400 and the city charges the person/company $900 for the permit. Do you consider the $500 a tax?
Figuring out ways to tax people in a convoluted way so as to avoid having to call it a tax is common in government these days.
From your 8/7 reply to me:
"The Wall Street Journal recently declared "after years of housing prices gone wild, China's property bubble is starting to deflate". "
First you commend China for their growth rate and the fact that they do not burden business with regulations; then you post a bunch of links showing how China is mandating that developers set fixed prices to control runaway housing prices.
Mitt Romney ran for office in the last election cycle.