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And still they want more more more
Taxes You are paying better than Three Quarters of your gross income to some government entity or other in the form of Taxes:
Overt Taxes:
• Fed income tax
• Fed FICA tax
• Fed SECA tax
• Fed Worker’s Comp
• State Worker’s Comp
• Fed Medicare
• State Income tax
• City Income tax
• Some Counties have an income tax
• Sales taxes
• Luxury taxes
• Road Tolls
• Real Estate taxes
• Vehicle taxes
• …………Surcharges
• …………License fees
• …………Registration fees
• …………Gasoline consumption taxes
Hidden Taxes
(Taxation that is structural – built into the cost of what you pay for things so you don’t see it as “tax” on your receipt but rather, higher prices):
• Real estate taxes on renters: Renters pay their landlord’s Real Estate taxes via higher rent.
• VAT taxation VIA higher retail prices for foods clothing and other goods made in or shipped through Europe.
• Sales and use taxes paid as higher prices for consumer goods that are made in any nation with taxes.
• Highway taxes VIA higher costs for consumer goods that are shipped across any road or rail whether in the US or any foreign
• Waterway use taxes for consumer goods chipped along any US or foreign water way.
• Unemployment taxes passed on to you VIA lower wages.
• Employer provided life insurance taxes you pay in lower wages
• Subsidy taxes for any thing you buy that benefits from a subsidy
• U.S. waterway taxes you pay to go anywhere by boat.
• Medical risk Taxes like the DPD tax
• Taxes on College Scholarships
• Taxes on debt forgiveness when you “cut a deal” with your creditor for anything less than the entire amount with interest.
• Gasoline tax. ( 19 - 45.8 cents {state depending}per gallon in federal, state and local taxes)
• Travel taxes: Airfare, hotels, car rental and taxi service: 7.5% air fare & $3.50 tax for each increment of the flight and $2.50 in security tax on each increment of that flight. Hotel & car rentals are taxed up to 40% of the cost.
• Sin taxes on beer, liquor, gambling and cigarettes. ($13.50-a-gallon tax on hard liquor and the 33-cent tax on a six-pack.)
• State taxes on insurance premiums. A $9-Billion wind fall for each state each year. You state taxes your insurance company which passes that on to you.
• Excise tax. All impoirts have a federal excise tax levied onto them.
The below is a very, very, short list of imports and their respective taxes which you pay.
• Bicycles 11%
• Brussel sprouts 12%
• Cotton hammocks 15%
• Infant formulas 18%
• Flashlights 18%
• Peanut butter 143%
• Girdles and panty girdles 24%
• Brooms 32%
• Plastic school supplies
The list goes on and on.
There are hundreds of taxes you pay. The cumulative effect is a tax of no less than 75% on your gross income.
You can be sure that if there is a transaction where you transfer any of the money you earn to some one for something you are paying a tax.
The result is that you pay on average about 75% of your gross income to government in the form of taxes.
This link takes you to a comprehensive study of the taxes you pay:
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
FABULOUS RESOURCE: Taxes You are paying better than Three Quarters of your gross income to some government entity or other in the form of Taxes:
Overt Taxes:
• Fed income tax
• Fed FICA tax
• Fed SECA tax
• Fed Worker’s Comp
• State Worker’s Comp
• Fed Medicare
• State Income tax
• City Income tax
• Some Counties have an income tax
• Sales taxes
• Luxury taxes
• Road Tolls
• Real Estate taxes
• Vehicle taxes
• …………Surcharges
• …………License fees
• …………Registration fees
• …………Gasoline consumption taxes
Hidden Taxes
(Taxation that is structural – built into the cost of what you pay for things so you don’t see it as “tax” on your receipt but rather, higher prices):
• Real estate taxes on renters: Renters pay their landlord’s Real Estate taxes via higher rent.
• VAT taxation VIA higher retail prices for foods clothing and other goods made in or shipped through Europe.
• Sales and use taxes paid as higher prices for consumer goods that are made in any nation with taxes.
• Highway taxes VIA higher costs for consumer goods that are shipped across any road or rail whether in the US or any foreign
• Waterway use taxes for consumer goods chipped along any US or foreign water way.
• Unemployment taxes passed on to you VIA lower wages.
• Employer provided life insurance taxes you pay in lower wages
• Subsidy taxes for any thing you buy that benefits from a subsidy
• U.S. waterway taxes you pay to go anywhere by boat.
• Medical risk Taxes like the DPD tax
• Taxes on College Scholarships
• Taxes on debt forgiveness when you “cut a deal” with your creditor for anything less than the entire amount with interest.
• Gasoline tax. ( 19 - 45.8 cents {state depending}per gallon in federal, state and local taxes)
• Travel taxes: Airfare, hotels, car rental and taxi service: 7.5% air fare & $3.50 tax for each increment of the flight and $2.50 in security tax on each increment of that flight. Hotel & car rentals are taxed up to 40% of the cost.
• Sin taxes on beer, liquor, gambling and cigarettes. ($13.50-a-gallon tax on hard liquor and the 33-cent tax on a six-pack.)
• State taxes on insurance premiums. A $9-Billion wind fall for each state each year. You state taxes your insurance company which passes that on to you.
• Excise tax. All impoirts have a federal excise tax levied onto them.
The below is a very, very, short list of imports and their respective taxes which you pay.
• Bicycles 11%
• Brussel sprouts 12%
• Cotton hammocks 15%
• Infant formulas 18%
• Flashlights 18%
• Peanut butter 143%
• Girdles and panty girdles 24%
• Brooms 32%
• Plastic school supplies
The list goes on and on.
There are hundreds of taxes you pay. The cumulative effect is a tax of no less than 75% on your gross income.
You can be sure that if there is a transaction where you transfer any of the money you earn to some one for something you are paying a tax.
The result is that you pay on average about 75% of your gross income to government in the form of taxes.
This link takes you to a comprehensive study of the taxes you pay:
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
FABULOUS RESOURCE: www.ipi.org/ipi%5CIPIPub...Tax-FINAL.pdf
www.irs.gov/irs/article/...01099,00.html
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
Taxes You are paying better than Three Quarters of your gross income to some government entity or other in the form of Taxes:
Overt Taxes:
• Fed income tax
• Fed FICA tax
• Fed SECA tax
• Fed Worker’s Comp
• State Worker’s Comp
• Fed Medicare
• State Income tax
• City Income tax
• Some Counties have an income tax
• Sales taxes
• Luxury taxes
• Road Tolls
• Real Estate taxes
• Vehicle taxes
• …………Surcharges
• …………License fees
• …………Registration fees
• …………Gasoline consumption taxes
Hidden Taxes
(Taxation that is structural – built into the cost of what you pay for things so you don’t see it as “tax” on your receipt but rather, higher prices):
• Real estate taxes on renters: Renters pay their landlord’s Real Estate taxes via higher rent.
• VAT taxation VIA higher retail prices for foods clothing and other goods made in or shipped through Europe.
• Sales and use taxes paid as higher prices for consumer goods that are made in any nation with taxes.
• Highway taxes VIA higher costs for consumer goods that are shipped across any road or rail whether in the US or any foreign
• Waterway use taxes for consumer goods chipped along any US or foreign water way.
• Unemployment taxes passed on to you VIA lower wages.
• Employer provided life insurance taxes you pay in lower wages
• Subsidy taxes for any thing you buy that benefits from a subsidy
• U.S. waterway taxes you pay to go anywhere by boat.
• Medical risk Taxes like the DPD tax
• Taxes on College Scholarships
• Taxes on debt forgiveness when you “cut a deal” with your creditor for anything less than the entire amount with interest.
• Gasoline tax. ( 19 - 45.8 cents {state depending}per gallon in federal, state and local taxes)
• Travel taxes: Airfare, hotels, car rental and taxi service: 7.5% air fare & $3.50 tax for each increment of the flight and $2.50 in security tax on each increment of that flight. Hotel & car rentals are taxed up to 40% of the cost.
• Sin taxes on beer, liquor, gambling and cigarettes. ($13.50-a-gallon tax on hard liquor and the 33-cent tax on a six-pack.)
• State taxes on insurance premiums. A $9-Billion wind fall for each state each year. You state taxes your insurance company which passes that on to you.
• Excise tax. All impoirts have a federal excise tax levied onto them.
The below is a very, very, short list of imports and their respective taxes which you pay.
• Bicycles 11%
• Brussel sprouts 12%
• Cotton hammocks 15%
• Infant formulas 18%
• Flashlights 18%
• Peanut butter 143%
• Girdles and panty girdles 24%
• Brooms 32%
• Plastic school supplies
The list goes on and on.
There are hundreds of taxes you pay. The cumulative effect is a tax of no less than 75% on your gross income.
You can be sure that if there is a transaction where you transfer any of the money you earn to some one for something you are paying a tax.
The result is that you pay on average about 75% of your gross income to government in the form of taxes.
This link takes you to a comprehensive study of the taxes you pay:
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
FABULOUS RESOURCE: Taxes You are paying better than Three Quarters of your gross income to some government entity or other in the form of Taxes:
Overt Taxes:
• Fed income tax
• Fed FICA tax
• Fed SECA tax
• Fed Worker’s Comp
• State Worker’s Comp
• Fed Medicare
• State Income tax
• City Income tax
• Some Counties have an income tax
• Sales taxes
• Luxury taxes
• Road Tolls
• Real Estate taxes
• Vehicle taxes
• …………Surcharges
• …………License fees
• …………Registration fees
• …………Gasoline consumption taxes
Hidden Taxes
(Taxation that is structural – built into the cost of what you pay for things so you don’t see it as “tax” on your receipt but rather, higher prices):
• Real estate taxes on renters: Renters pay their landlord’s Real Estate taxes via higher rent.
• VAT taxation VIA higher retail prices for foods clothing and other goods made in or shipped through Europe.
• Sales and use taxes paid as higher prices for consumer goods that are made in any nation with taxes.
• Highway taxes VIA higher costs for consumer goods that are shipped across any road or rail whether in the US or any foreign
• Waterway use taxes for consumer goods chipped along any US or foreign water way.
• Unemployment taxes passed on to you VIA lower wages.
• Employer provided life insurance taxes you pay in lower wages
• Subsidy taxes for any thing you buy that benefits from a subsidy
• U.S. waterway taxes you pay to go anywhere by boat.
• Medical risk Taxes like the DPD tax
• Taxes on College Scholarships
• Taxes on debt forgiveness when you “cut a deal” with your creditor for anything less than the entire amount with interest.
• Gasoline tax. ( 19 - 45.8 cents {state depending}per gallon in federal, state and local taxes)
• Travel taxes: Airfare, hotels, car rental and taxi service: 7.5% air fare & $3.50 tax for each increment of the flight and $2.50 in security tax on each increment of that flight. Hotel & car rentals are taxed up to 40% of the cost.
• Sin taxes on beer, liquor, gambling and cigarettes. ($13.50-a-gallon tax on hard liquor and the 33-cent tax on a six-pack.)
• State taxes on insurance premiums. A $9-Billion wind fall for each state each year. You state taxes your insurance company which passes that on to you.
• Excise tax. All impoirts have a federal excise tax levied onto them.
The below is a very, very, short list of imports and their respective taxes which you pay.
• Bicycles 11%
• Brussel sprouts 12%
• Cotton hammocks 15%
• Infant formulas 18%
• Flashlights 18%
• Peanut butter 143%
• Girdles and panty girdles 24%
• Brooms 32%
• Plastic school supplies
The list goes on and on.
There are hundreds of taxes you pay. The cumulative effect is a tax of no less than 75% on your gross income.
You can be sure that if there is a transaction where you transfer any of the money you earn to some one for something you are paying a tax.
The result is that you pay on average about 75% of your gross income to government in the form of taxes.
This link takes you to a comprehensive study of the taxes you pay:
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
FABULOUS RESOURCE: www.ipi.org/ipi%5CIPIPub...Tax-FINAL.pdf
www.irs.gov/irs/article/...01099,00.html
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
Google these names:
Nina Olson
Jared Bernstein
Pete Sepp,
Institute for Policy Innovation, Washington, D.C.
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Re: you pay 75% of your income as tax
Fri, November 20, 2009 - 8:22 AMOh my god! It's true. I read that PDF and followed up with a little corroborating research and it's absolutely true the median tax paid by any working citizen really does hover around 75-percent.
This is astonishing and no one seems to pay it any mind.
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Re: you pay 75% of your income as tax
Fri, November 20, 2009 - 12:32 PMOk...and your solution to paying for things like roads, bridges, police, fireman, national defense...is exactly what?
are taxes annoying?
sure?
would a society without police and fireman be worse? absolutely.
I am not saying that there is not abundant corruption. I am sure there is. But I am sure that plenty of the people spouting for lower taxes are just the worst liars...themselves involved in huge corruption. And their scam is pretending they are "the good guys," while trying to steal every last nickel.
Hitler said he was just trying to make Germany stronger.
You can say whatever you want, but how do you effectively manage a society?
The answers are quite complex. And the second we try to simply them down to some catch phrases like, "less government" (or, for that matter, "more government') - we lose the reality of what is going on.
Are higher taxes the answer? I don't think so.
Are lower taxes the answer? I don't think so.
I think the answers are enormously complex. And the real answers are being obstructed by a lot of loud-mouthed demagogues who just want power for themselves and could care less what happens to the country.
I believe that Ron Paul and John McCain are both honest men, both conservatives...who are both truly working to make the country a better place.
And I think there are good and honest men on the left.
The problem is that 99% of the folks on the left and on the right are just a bunch of corrupt liars. They are the problem.
Taxes aren't the problem. The problem is corruption and fraud in government...getting the liars and criminals out of government, so that it can be run by honest men.
Then, whatever solutions they come up with...on the right or on the left...will truly be in the interest of society.
Beware of people barking quick and catchy slogans. There never was a political solution to anything that could be summed up in a short phrase.
Less Taxes...no, doesn't work
More Taxes..no, doesn't work
and anyone spouting these kinds of phrases is just simply lying to you...
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