"Over Taxed? I think so...." by Tommy's Blogs | The Pilot: Southern Pines, NC

Over Taxed? I think so....

Blog: Tommy's Blogs

By Tommy Davis

July 31, 2012

Some of the Taxes Americans Pay Each Year

If you don't read it all, go to the ending then you may want to. Isn't this amazing?

Accounts Receivable Tax

Building Permit Tax

Capital Gains Tax

CDL license Tax

Cigarette Tax

Corporate Income Tax

Court Fines (indirect taxes)

Dog License Tax

Federal Income Tax

Federal Unemployment Tax (FUTA)

Fishing License Tax

Food License Tax

Fuel permit tax

Gasoline Tax (42 cents per gallon)

Hunting License Tax

Inheritance Tax Interest expense (tax on the money)

Inventory tax IRS Interest Charges (tax on top of tax)

IRS Penalties (tax on top of tax)

Liquor Tax

Local Income Tax

Luxury Taxes

Marriage License Tax

Medicare Tax

New and Used Auto Tax (triple taxed)

Postal Service Tax ( 1 billion a year to GR )

Property Tax

Real Estate Tax

Septic Permit Tax

Service Charge Taxes

Social Security Tax

Soft Drink Tax (NC)

Road Usage Taxes (Truckers)

Sales Taxes

Recreational Vehicle Tax

Road Toll Booth Taxes

School Tax

State Income Tax

State Unemployment Tax (SUTA)

Telephone federal excise tax

Telephone federal universal service fee tax

Telephone federal, state and local surcharge taxes

Telephone minimum usage surcharge tax

Telephone recurring and non-recurring charges tax

Telephone state and local tax

Telephone usage charge tax

Toll Bridge Taxes

Toll Tunnel Taxes

Traffic Fines (indirect taxation)

Trailer registration tax

Utility Taxes

Vehicle License Registration Tax

Vehicle Sales Tax

Watercraft registration Tax

Well Permit Tax

Workers Compensation Tax

COMMENTS: Not one of these taxes existed 100 years ago and our nation was the most prosperous in the world, had absolutely no national debt, had the largest middle class in the world and Mom stayed home to raise the kids. What the hell happened?

Toda 9 months, 3 weeks ago

I think the Capital Gains Tax was repealed in North Carolina when Richard Morgan was in office. That was for those with the money didn't have to pay taxes on their investment returns.

Toda 9 months, 3 weeks ago

I didn't give credit to the source of the information I posted since the author is unknown...poor writing skill. Some of the tax information is "dated" for example:

Gasoline Tax (42 cents per gallon) is now 57.5 cents a gallon in North Carolina.

Courseaire 9 months, 3 weeks ago

Reasons: We've had a number of World Wars, we now have international terrorists and the individual lifespan has increase significantly. Oh and don't forget the Thumb Tax.

The_AnonymusProfit 9 months, 3 weeks ago

Toda, I think the reason for those taxes can be directly linked to 1 Man, FDR

Jason 9 months, 3 weeks ago

And the highest marginal income tax rate 68 years ago was 94% (vs. 35% today). So what? Unless you are going to do a true side by side analysis, it is all just anti-tax nonsense.

Toda 9 months, 3 weeks ago

TAP ~ I'm in agreement but the bottom line, the government get theirs before net from one's earnings. Then we are taxed almost on every thing even should we chose not to make a purchase. I am a believer in Fairtax.org ... pay on what is spent and not what is earned. Then the most wealthy lose their tax advantages through loopholes.

BTW: Have you read the latest news where Anonymous hacked IRS systems and have published Mitt Romney's tax returns for the last 20 years...? If you need a link ... just ask. Tommy

Toda 9 months, 2 weeks ago

I read an article in the Daily Beast where there are now appro. 73,000 pages in the tax code. And no one knows what they represent ~ only those changes that affect taxation of wealthy taxpayers and loopholes.

Toda 9 months, 2 weeks ago

What does 73,000 pages of tax code look like?

Wow ~ a lot of tax loopholes for the wealthy! by Tommy Davis

AndrewSoboeiro 9 months, 2 weeks ago

If I threaten someone with violence unless he or she pays me money, that’s theft; no one will dispute that. Well, how does the government get people to pay taxes? If I don’t pay taxes, I will be physically seized and arrested, and if I resist or try to escape, I will be beaten and possible shot.

Taxation, you see, is theft.

Now, that doesn’t mean that taxation shouldn’t occur. You could argue that the government needs to protect us from terrorists or homosexuals or whatever, and won’t be able to do so without taxation. But even if we accept taxation as a necessary evil, there should be no ambiguities about what it is. It clearly fits the definition of theft, and should thus be kept to a minimum. Any taxation above what is absolutely necessary is a crime.

Toda 9 months, 2 weeks ago

Well stated Mr. Soboeiro ~ You left out the part where they seize bank accounts and property leaving one homeless and penniless.

The talking heads just keep pointing the finger at national debt, when in fact, it's the Washington Zombies who have spent this nation into a crisis. I'm not sure of you life experiences [age], but I vividly remember when the government began borrowing from Social Security to pay down national debt, while special interests and pork funding is and was rampant. [Alaska's bridge to nowhere.]

I remember well the "trickle down effect" which by the way never happened; it was diverted by the wealthy for future investments[?].

For years a bill has languished in Congress for a fair taxing system, similar to England. Now we are being double taxed and even triple taxed ~ or as I refer to it as "whats left over".

If everyone paid on what they spend or point-of-sale, then the billionaires who purchase personal jets or pleasure crafts, would pay at the time of sale.

The tax problems of this country is easily resolved by an out of touch person with Washington politics. Good riddance to the Infernal Revenue Service ~ I've been serviced way to much in my lifetime ....