Tuesday, March 30, 2010

Hidden Taxes!

When you look at your paycheck you see GROSS pay... or maybe you just look at the NET since that is what you take home. But have you ever thought about all the other TAXES you pay? Here's a list of some of the hidden taxes you pay. You don't see them taken out of your paycheck or deducted out of your bank account... but you pay them just the same.

Business's pay these taxes and add them to the cost of every product you buy. They are hidden taxes. Or they are added to your bill... like telephone taxes you still pay today for financing the Spanish American war over 110 years ago. (Just a thought but... I think it's been paid for buy now)

Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Cosmetic Surgery Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax (currently 44.75 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Medical Device Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge T ax
Social Security Tax
Road Usage Tax
Sales Tax
Recreational Vehicle Tax
SurTax (tax on tax)
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Tanning Bed Tax
Tobacco Tax
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge=2 0Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

Actually, you will work until approximately mid April to pay all your taxes. That's right... everything you make from the first of the year until mid April will go to pay all your taxes. That's almost the first 1/3 of the year to pay taxes. Equating this to the work week... All day Monday and almost all of Tuesday of your paycheck goes to pay income taxes and hidden taxes. Now if you make more than $200,000 a year, all of Monday and Tuesday and most all of Wednesday will go toward paying taxes!

And now the Democrats are floating the idea of a VAT (value added tax)... basically a national sales tax... on everything! So where's the 'Value" in taxing virtually everything you touch, see, smell, eat or buy?

So what's the incentive? Let's all just go on Government subsistence and let the rest of the Country take care of us.

Viva la Revolution!

The Flyover Conservative

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