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Taxes … Past, Present and Future

In Europe years ago governments started taxing windows in houses.  The thought process was the rich had bigger houses and, therefore, they had more windows.  In other words, the governments wanted to Tax The Rich.  What happened was that the rich and the poor started bricking over their windows.  These bricked-over windows can still be seen today.  I can testify to this foolishness because I have seen them myself.

Today our governments continue to look for new sources of Tax Revenue.

Listed below are some of our Federal Government's recent machinations for coming up with new taxes that I have observed in ongoing news reporting...

Ø      Private Health Insurance Benefits Tax

Ø      Expanded Medicare Taxes

Ø      High Earners Surtax Tax

Ø      Limit the Itemized Deductions for High Income Taxpayers

Ø      Sugary Drink Tax

Ø      Expanded Alcohol Tax

Ø      Carbon Tax

Ø      Expanded Tobacco Tax

The taxes listed below are already in place.  (Please note: I did not compile this list of taxes.  I just received it in an email.  It may not be exactly right but it ain't too far off.)

Ø      Accounts Receivable Tax

Ø      Alcohol Tax

Ø      Building Permit Tax

Ø      Capital Gains Tax

Ø      CDL License Tax (The Smartfella? does not know what a "CDL" is.)

Ø      Cigarette Tax

Ø      Corporate Income Tax

Ø      Dog License Tax

Ø      Excise Taxes

Ø      Federal Income Tax

Ø      Federal Unemployment Tax (FUTA)

Ø      Fishing License Tax

Ø      Food License Tax

Ø      Fuel Permit Tax

Ø      Gasoline Tax (currently 44.75 cents per gallon)

Ø      Gross Receipts Tax

Ø      Hunting License Tax

Ø      Inheritance Tax

Ø      Inventory Tax

Ø      IRS Interest Penalties (tax on top of tax)

Ø      Liquor Tax

Ø      Luxury Taxes

Ø      Marriage License Tax

Ø      Medicare Tax

Ø      Personal Property Tax

Ø      Property Tax

Ø      Real Estate Tax

Ø      Service Charge Tax

Ø      Social Security Tax

Ø      Road Usage Tax

Ø      Sales Tax

Ø      Recreational Vehicle Tax

Ø      School Tax

Ø      State Income Tax

Ø      State Unemployment Tax (SUTA)

Ø      Telephone Federal Excise Tax

Ø      Telephone Federal Universal Service Fee Tax

Ø      Telephone Federal, State and Local Surcharge Taxes

Ø      Telephone Minimum Usage Surcharge Tax

Ø      Telephone Recurring and Non-recurring Charges Tax

Ø      Telephone State and Local Tax

Ø      Telephone Usage Charge Tax

Ø      Utility Taxes

Ø      Vehicle License Registration Tax

Ø      Vehicle Sales Tax

Ø      Watercraft Registration Tax

Ø      Well Permit Tax

Ø      Workers Compensation Tax

Before I listed the above tax list I qualified it by saying that it may not be completely accurate.  One of the ways in which it may not be completely accurate is it may not be complete.

I may have just come up with a future new source of revenue for our various governments.  You may read this and decide that it is Foolishness, But Is It?…

Taxes may continue to be raised, little by little, until we get to the point where we have nothing left that is not already taxed.  (Are you ready for this?)  We could then be assessed a “Tax Penalty Because You Don’t Have Anything Left To Tax Surcharge”.

Would I kid u?

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