This will surprise you…

April 28, 2014 | By | Reply More

This year Americans, and their tax preparers, will spend more than 7 billion hours preparing their taxes and will hand over more than four trillion dollars to federal, state and local governments. Americans will fork over nearly 30 percent of what they earn to pay their income taxes, but that is only a small part of the story.

As you will see below, there are dozens of other taxes that Americans pay every year. Of course not everyone pays all of these taxes, but without a doubt we are all being taxed more than you . It is like death by a thousand paper cuts. Our politicians have become extremely creative in finding ways to extract money from all of us, and most Americans don’t even realize what is being done to them.

By the time it is all said and done, a significant portion of the population ends up paying more than half of what they earn to the government. The following is a partial list of A-Z taxes Americans pay every year…

  • Air Transportation Taxes (just look at how much you were charged the last time you flew)
  • Capital Gains Taxes
  • Cigarette Taxes
  • Dog License Taxes
  • Drivers License Fees (another form of taxation)
  • Employer Medicare Taxes
  • Employer Social Security Taxes
  • Estate Taxes
  • Federal Corporate Taxes
  • Federal Income Taxes
  • Federal Unemployment Taxes
  • Fishing License Taxes
  • Food And Beverage License Fees
  • Franchise Business Taxes
  • Garbage Taxes
  • Gasoline Taxes
  • Gift Taxes
  • Hazardous Material Disposal Fees
  • Highway Access Fees
  • Hotel Taxes (these are becoming quite large in some areas)
  • Hunting License Taxes
  • Import Taxes
  • Individual Health Insurance Mandate Taxes
  • Inheritance Taxes
  • IRA Early Withdrawal Taxes
  • IRS Interest Charges (tax on top of tax)
  • Penalties (tax on top of tax)
  • Library Taxes
  • License Plate Fees
  • Liquor Taxes
  • Local Corporate Taxes
  • Local Income Taxes
  • Local School Taxes
  • Local Unemployment Taxes
  • Luxury Taxes
  • Marriage License Taxes
  • Medicare Taxes
  • Medicare Tax Surcharge On High Earning Americans
  • Obamacare Individual Mandate Excise Tax (if you don’t buy”qualifying” health insurance under Obamacare you will have to pay an additional tax)
  • Obamacare Surtax On Investment Income (a new 3.8% surtax on investment income)
  • Property Taxes
  • Real Estate Taxes
  • Recreational Vehicle Taxes
  • Toll Booth Taxes
  • Sales Taxes
  • Self-Employment Taxes
  • Sewer & Water Taxes
  • School Taxes
  • Social Security Taxes
  • Special Assessments For Road Repairs Or Construction
  • Sports Stadium Taxes
  • State Corporate Taxes
  • State Income Taxes
  • State Unemployment Taxes (SUTA)
  • Tanning Taxes (a new Obamacare tax on tanning services)
  • Telephone 911 Service Taxes
  • Telephone Federal Excise Taxes
  • Telephone State And Local Taxes
  • The Alternative Minimum Tax
  • Use Taxes (Out of state purchases, etc.)
  • Utility Taxes
  • Vehicle Registration Taxes
  • Waste Management Taxes
  • Watercraft Registration & Licensing Fees
  • Workers Compensation Taxes
  • Zoning Permit Fees

Yet despite all of this oppressive taxation, our local governments, our state governments and our federal government are all absolutely drowning in debt.

So the monstrous system that the politicians have created will continue to get even bigger and even more complicated.

Wishing you many happy returns,

Wayne
http://www.christianspeaker.net/speaker.php?mid=512
http://www.youtube.com/watch?v=N4CUea5HEio

Category: Member Feature Article

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