New car purchases starting in June will have a mandatory black box installed
May 25th, 2011 12:25 pm ET .
Kenneth Schortgen Jr
Finance Examiner
Examiner.com
.
.
.
Selling the public on safety for new policies and provisions, while using the programs to create new revenue streams is becoming more the norm than simply isolated incidents. When the tax on cigarettes became enlarged under the guise of helping users stop the addiction, expanding the tax soon turned into the first concession by local legislatures when they needed new money for programs. Add to this, the creation of red-light and speed devices on local streets and highways to monitor safety quickly became massive revenue streams for municipalities.
With mandatory black boxes being installed in all new cars sold in the US starting next month, the public needs to be aware of the potential these devices can have as means to collect revenue for states and the federal government outside the reported use by the NHTSA as a safety device.
Full story: http://www.examiner.com/finance-examiner-in-national/new-car-purchases-starting-june-will-have-a-mandatory-black-box-installed
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months