For this purpose we will consider fees along with taxes, we will not include tariffs -
(Here's an interesting look at one family's tax burden.)
Taxes
Fees
Fines
"Welfare" Programs
Note: This is a resource and will be updated periodically.
(Here's an interesting look at one family's tax burden.)
Taxes
- Income: Federal, State, Corporate (Tax shelters for the elite, Higher taxed individuals create "deductions".)
- Inventory tax IRS Interest Charges
- Provincial Income
- Inflation (A removal of the purchasing power of existent currency)
- Social Security: 12.4% (FICA or OASDI)
- Federal Unemployment: 6.2% on first $7,000 (FUTA), Employment Insurance Tax(EI)
- Property: (Renters, this IS passed along to you in the form of increased rent)
- Real Estate (Mortgage)
- Sales: (County, City, State, Vehicle)
- Capitol Gains: (Many corporations get multi-year exemptions; bailouts), Interest Tax
- Accounts Receivable, Gross Receipts
- Estate: ("Death" tax)
- Inheritance Tax Interest expense
- Utility (Power, Hydro)
- Gasoline (42 cents per gallon)
- Tolls (Airline Surcharge, Airline Fuel Tax, Airport Maintenance Tax, Bridge, tunnel)
- Road Usage
- Luxury Taxes
- Service Charge, Recreational Vehicle , Film Tax (California - Captain America)
- Sin Taxes - (Cigarette, Liquor, Poverty)
- Telephone (federal excise tax, federal universal service fee tax, federal, state and local surcharge taxes, minimum usage surcharge tax, recurring and non-recurring charges tax, state and local tax, usage charge tax)
- Health Tax
- Medicare, Prescription Drug, Hospital Bed - (Wisconsin)
- School Tax
Fees
- Licenses - (Driver's, CDL, Pet, Fishing, Hunting, Food, Marriage)
- Permits - (Building, Zoning, Fuel, Septic, Well)
- Registration (Car, Trailer, Watercraft)
- Mandates
- Service Charge
Fines
- Court
- Misdemeanors "Crimes": (Anti-social tax, Speeding, window tint, recycling)
"Welfare" Programs
- Foreign Bailouts - Greece (IMF$65 billion)
- Foreign Aid - Israel ($200 mil Iron Shield), Germany, North Korea
- Corporate - AIG, GM, TARP, Movies (Thor,
- Technology Subsidies - Ethanol
- Earned Income Credit: EIC
- Food stamps - 39.68 million Americans, $70 billion (5/2010)
- Welfare - 4.4 million people, $22 billion (8/2010)
- Social Security - 51 million Americans (5/2010), $672 billion (2009)
- Housing: (Fannie Mae, Freddie Mac ($25 billion))
- Health care
- Unemployment Compensation - 10 million people, $160 billion (8/2010)
- Medicare: (Part D) - 50 million people (8/2010)
- Medicaid: $273 billion
- Postal Service - 2 million employed
- Mortgage Aid program - $1.4 billion (2009) (Feds backed 90% of mortgages in 2009, 96.5% in 2010)
- School
- Primary Education (Dept. of Education)
- Student Loan Program
- Draft/Selective Services - Generational tax; removes family legacies - Many rich can dodge the draft
- Minimum wage - Form of taxation against the most poor/middle class. Removes entry class opportunities
Note: This is a resource and will be updated periodically.
1 comment:
Post a Comment