Letters to the Editor

Your views in 200 words or less

TOLLS: Who’s doing the math?

Letter by Tad Browne, Gig Harbor on July 3, 2012 at 10:45 am | 15 Comments »
July 3, 2012 10:48 am

So the Narrows Bridge toll just went up from $2.75 to $4, and the TV announcer said that that was to keep up with inflation and expenses.

OK, let’s see: a $1.25 hike is a 45 percent increase. I guess that means my house bought in 2007 for $200,000 is now worth $290,000. Gas that was $3.50 a gallon should now cost $5.07. Mortgage rates that were 6.2 percent should now be 9 percent.

Expenses? Has the price of labor gone up 45 percent? Concrete and steel?

My two questions: Who’s doing the math? And has tar and feathering gone out of style?

Tags:
,
*
The News Tribune now uses Facebook commenting on selected blogs. See editor's column for more details. Commenters are expected to abide by terms of service for Facebook as well as commenting rules for thenewstribune.com. Report violators to webmaster@thenewstribune.com.