A tax increase here, a tax increase there, here a tax, there a tax, everywhere a tax increase...have you considered exactly how many taxes we already pay?
WE THE PEOPLE need to understand just how many taxes are in place for the average American taxpayer.
According to BalancedPolitics.org here is a list of Personal/Consumer Taxes & Fees Americans pay. (note that this list does not include the other taxes if you are also a business owner.)
Federal income tax
State income tax
Local income tax
Employee social security tax (your employer pays the other half)
Employee Medicare tax (your employer pays the other half)
Property taxes (in SC this is local not state at present)
Road toll charges
State sales tax
Driver's license renewal fee
TV Cable/Satellite fees & taxes
Federal telephone surtax, excise tax, and universal surcharge State telephone excise tax and surcharge Telephone minimum usage and recurring/nonrecurring charges tax
Gas/electric bill fees & taxes
Water/sewer fees & taxes
Federal gasoline tax
State gasoline tax
Local gasoline tax
Federal inheritance tax
State inheritance tax
Bridge toll charges
Bike license fee
State park permit
Watercraft registration & licensing fees
Sports stadium tax
Bike/nature trail permit
Court case filing fee
Retirement account early withdrawal penalty
Individual health insurance mandate tax
Hotel stay tax
Plastic surgery surcharge
Air transportation tax
Electronic transmission of tax return fees
Passport application/renewal fee
Luxury & gas-guzzler car taxes
New car surcharge
License plate and car ownership transfer taxes
Yacht and luxury boat taxes
Jewelry taxes & surcharges
State/local school tax
Recreational vehicle tax
Special assessments for road repairs or construction
Gun ownership permit
Kiddie tax (IRS form 8615)
Fuel gross receipts tax
Waste Management tax
Oil and gas assessment tax
Use taxes (on out-of-state purchase)
IRA rollover tax/withdrawal penalties
Tax on non-qualified health saving account distributions
Individual and small business surtax (page 336 of Obamacare)
Estimated income tax underpayment penalty
Alternative Minimum Tax on income
Another concerning possible tax has come to light recently. According to the SC Policy Council, within our SC State Constitution lies an amendment for the provision for an automatic “STATE” property tax to be imposed if the state cannot make a payment on bond debt? And with our state being in debt over $44,460,295 and rising according to the debt clock, we are on shaky ground and could see a state property tax kick in. It will require a 2/3 vote by SC House and Senate to repeal that amendment that allows this addition of a STATE property tax to kick in. Citizens should be contacting their legislators to protect taxpayers by repealing that amendment to the Constitution. We must force our elected to be more responsible in their borrowing. They shouldn't be putting us in more debt, or we may indeed see a State property tax come into existence.
Now let's talk about the recent gasoline tax SC legislators imposed upon us. When SC legislators passed the gas-tax-hike law, which raised the gas tax 12 cents per gallon over six years, and also increased vehicle taxes and fees, they promised we would see improvements in our maintenance of roads. Have you seen improvement taking place in your county?
Finally let's all remember SC has a surplus in the coffers this year of over $1 billion dollars. Will any of that money come back to the taxpayers? Shouldn't our taxes be reduced at least? Will pork-barrel-type expenditures take place due to this “surplus” of OUR taxes? If history holds true to form...the SC taxpayers will not get anything back.
With our debt increasing minute by minute, legislators always wanting more money from the taxpayer, and according to gobankingrates.com SC is the sixteenth lowest total tax bill in the nation at a total of $13,562 on the average per taxpayer...we may see our legislators rationalizing taxpayers can afford more tax.
The site broke it down in the article written by John Csiszar on Jan. 19, 2019 to these numbers for the average SC taxpayer:
Fed income tax paid $6,251
State income tax paid $3,183
Gas tax paid $ 257
Sales tax paid $ 2,932
Property tax paid $ 939
Let's not ever forget that the Revolutionary War was fought over one of the main grievances being unfair taxation.
A great quote from former President of the United States Calvin Coolidge is appropriate to summarize what is truth, “Collecting more taxes than is absolute necessary is legalized robbery.”
by Johnnelle Raines
Post a Comment
COMMENTS ARE REVIEWED BEFORE POSTING!
• Your comment will be posted as soon as possible.
• Do not resubmit or duplicate comments.
• You are not required to leave a URL/website
Feel free to leave an anonymous comment but owning your comments, even if by an alias, is honorable.
Thank you for visiting.