Tax and Spend... Again?

Tax and Spend... Again?

President Barack Obama heads out on a rally tour to promote the new "Stimulus" activity, and to help draw attention toward "Paying your fair share" directed towards wealthy individuals and the intention to continue to raise taxes on the wealthy. Some democrats believe that because Obama was re-elected, they have a mandate to continue the same policies of bigger government, more programs, and more taxes. People may have bought into the idea that these things they are being promised are actually "FREE"!  There will come a day when we must pay the piper, and we won't be able to pay the piper with IOU's. For those who understand compound interest, the government is creating compound losses from which it will take a great deal of time to recover.

Do we need more taxes?  Do we really have a problem of not taxing enough?  Or is it a spending problem?  Regardless of which you may believe. The math equation of balanced or unbalanced budget is just

Take a look at some of the taxes + fees that are out there. This is just scraping the surface of what the total picture really looks like.



Accounts Receivable Tax

Building Permit Tax
Capital Gains Tax
CDL license Tax
Change of Use Permit 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 
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
Property Tax
Real Estate Tax
Septic Permit Tax
Service Charge Taxes
Social Security Tax
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