Letters to the Editor

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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?

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