Wednesday, July 9, 2008

DON'T SPEND YOUR MONEY!

If you spend $1.00 on something, you have to earn at least $2.50 to compensate for that expenditure.

Why?

Because of the taxes, fees and surcharges.

Any money you have to pay the government at any level, is by definition....................a "tax."

This is a partial list of the most common taxes we pay:
Accounts Receivable Tax
Battery disposal Tax
Building Permit Tax
Capital Gains Tax
Pet Registration tax
CDL License Tax
Cigarette Tax
Corporate Income
TaxCourt 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 I
Inspection stickers
RS 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
Property Tax
Real Estate Tax
Recreational Vehicle Tax
Road Toll Booth Taxes
Road Usage Taxes (truckers)
Sales TaxesSchool Tax
Septic Permit Tax
Service Charge Taxes
Social Security Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Federal Universal Service Fee Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Nonrecurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Toll Road Taxes
Toll Bridge Taxes
Toll Tunnel Taxes
Trailer RegistrationTax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers’ Compensation Tax

NOW, are you concerned with where your tax money goes?

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