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Today's Wonderful World Of Taxes
By Thomas D. Segel
July 20, 2009

If you are a person who enjoys taxation, you are living in a wonderful time. First we have the Cap & Tax legislation that has already been passed by the Democrats in the House of Representatives. If that convoluted bill, designed to raise prices on all fossil fuels becomes law, it will also place an additional tax burden on every American.

The Congressional Budget Office estimates this bill, which is claimed to promote fuel efficiency, will actually increase the taxes of every American household by $680 a year. That energy taxation is about to be followed by a universal health care bill that Democrats claim will only bring additional taxation to Americans making more than $350,000 a year. Of course this action will impact 95% of the small business owners in the country. Depending upon the size of that business the owner could be facing a tax rate of 52%, the highest of any country now offering socialized medicine. On top of that, the CBO claims it will increase the cost of health care for everyone.

But, this is nothing new for the Democrat Party. It has been in love with all forms of taxation since its inception. We trace our income tax back to Democrat President Woodrow Wilson and his party's vote to enact such legislation in 1913. Even though this form of taxation was deemed unconstitutional in an earlier attempt, they decided to try again as a constitutional amendment. The required number of 36 states did not ratify it, but the politicians decided they didn't need ratification anyway, and opted the tax into law. It has grown into such a twisted and complex system that today corporations spend more time and money on tax preparation than they do on any other expense, excluding raw materials and labor. Our income tax law, which started out as only 11,000 words has grown to more than 7 million words, ten times the size of the Holy Bible.

In addition to the Federal Income Tax, Americans today have almost half of their income eaten up by a laundry list of taxes and licenses, which are in reality just another name, thus allowing politicians to claim they are not really additional taxes.

Today we have accounts receivable taxes, building permit taxes, capital gains taxes, cigarette taxes, corporate income taxes, Federal Income Tax, Federal Unemployment Tax, fuel taxes, gasoline taxes, inheritance taxes, inventory taxes, liquor taxes, local income taxes, luxury taxes, Medicare tax, property taxes, real estate taxes, Social Security Tax, Road Usage Tax and Sales Tax.

There are recreational vehicle taxes, road toll taxes, school taxes, state income taxes, telephone federal excise taxes, telephone universal service fee taxes, telephone federal, state and local surcharge taxes, telephone minimum usage taxes, telephone recurring and non-recurring charges taxes, telephone state and local taxes, telephone usage charge taxes, toll bridge taxes, trailer registration taxes, utility taxes, vehicle registration taxes, watercraft registration taxes, and Workers Compensation Tax.

Along with these, we cannot forget that we have septic tank permits, service charges, toll roads, traffic fines, court fines, dog licenses, fishing licenses, hunting licenses, marriage licenses, IRS penalties, well permits and the always unpopular death tax. Though these may be cloaked in different names, they are still additional forms of taxation.

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