With tax time upon us, a question about kinds of taxes we pay?

Question

After searching the net this morning and not finding what I'm looking for, decided to venture over here, see if there is someone who can give me a bonafide answer, not some trivial whoop-de-do answer.

As has been written elsewhere, two things in life are not deniable: Death and Taxes. While Death is true, Taxes is a bit vague, to a point. I'm looking for a listing of incidental taxes paid by anyone/everyone who purchases anything, uses anything, whatever. I'm already aware of income, property, telephone, etc. taxes, but do y'all know you also pay a tax to have your clothes professionally cleaned?

So, what say you? Can anyone give me a brief and to-the-point list of incidental taxes which are "hidden" in the daily goings on in life?

Oh, yeah, one other thing: I'm asking about US taxes, not foreign countries.

Thanks, and I wish for you a great day!

Answer 1

That's a tough one. Those "incidental" taxes actually depend on where you live. I think, though, that what you're asking about is a "Sales and Use Tax." Items taxed can vary from state to state. For example, NH doesn't have a sales tax. It does, however, have a Meals & Rental tax of 8%. In MA, clothing and food are not taxed, but there's also a Meal tax of 5%. Some items of clothing aren't considered clothing for tax purposes.

Some things that are taxed you don't see the tax. Gasoline tax, for example. It's actually included in the price you pay at the pump so you never see it. Federal taxes are handled that way.

You'll never get a brief list of incidental taxes because, depending on where you live, you get taxed for:

what you earn
what you spend
what you own that you bought with money already taxed when you earned it and when you spent it

If you want info from a specific state, get to the Department of Revenue's website for that state and search on Sales Tax, or look for a link for Businesses (rather than Individuals) to see what kinds of taxes they may be responsible for. If your state doesn't have a Department of Revenue, look for a Department of Taxation or Department of the Treasury, or in CA it's the Franchise Tax Board.

Answer 2

Taxes are everywhere and taxes are assessed on the federal, state and local level.

Whether services (dry cleaning) is assessed sales taxes depends on the state. Some states tax services, others don't.

If you were to make a list of every single tax, it would be pretty long and it would also vary from state to state, even city to city.

When you purchase real property, there is a title tax based on the purchase price of the property. When you sign a mortgage (loan to purchase real property), you pay a mortgage tax.

Answer 3

One thing people don't notice is gasoline taxes. Almost half of the cost of a gallon of gasoline is federal taxes. Of course there's sales tax on almost everything you buy, anywhere. And there's property/school/hospital district/municipal utility/etc. taxes that you must pay if you own a home. One of the most insidious is travel taxes - in most cities you will pay a tax of almost 20% when you stay in a hotel or rent a car.

Answer 4

One tax which burns my a&& is Franchise Taxes on your utility or cable bills. This goes to your city or burg and entitles them to a portion of what you pay each month.
At one time these very same (city - burg) people were the ones who regulated utilities to keep them from gouging the every day utility "customer", I believe it is a conflict of interest to have this system.
For a couple of years Arkansas had a 3% surcharge on all income earned in Arkansas. (taxation w/o representation).?!

Answer 5

Your employer pays a payroll tax on your earnings, which is subtracted from your earnings.

If you receive dividend earnings, a corporate tax is not shown.

Telephone exise tax.

The average California family of four with private insurance pays $1,186 more in premiums to subsidize the care of the uninsured. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/12/19/BAG8JN28UC1.DTL

Answer 6

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