Conservative Ally

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Jun 05 2008

We are Taxed to Death and Obama Wants More Taxes!

Published by allykat at 1:32 pm under obama, taxes Edit This

We are taxed to death. We are basically slaves to the government through taxes. For every dollar you make, you are only really making 70% of that dollar from paying income taxes.

Here is a list from nowandfutures.com:

A partial list of the various ways in which citizens of the US are taxed:

  • Accounts Receivable Tax
  • Building Permit Tax
  • Capital Gains Tax
  • CDL license Tax
  • Cigarette Tax
  • Corporate Income Tax
  • Court Fines (indirect taxes)
  • Deficit spending
  • Dog License Tax
  • Federal Income Tax
  • Federal Unemployment Tax (FUTA)
  • Fishing License Tax
  • Food License Tax
  • Fuel permit tax
  • Gasoline Tax
  • Hunting License Tax
  • Inflation
  • 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

Barack Obama wants to raise the taxes for oil companies, which will just cause the price of gas to go up. If Obama puts a cap on gas prices, then the oil companies will decrease production. If gas companies cannot make a profit then there will be no supply/gas!

Barack Obama wants to raise the taxes for social security. Obama wants to raise cap on payroll tax for 3% of earners over $102,000. He wants to raise $97K cap on payroll tax, which will be a $1.3T tax increase. Obama wants to stop any effort to privatize social security. He also wants to allow illegal aliens to have social security.

Barack Obama is against all of Bush’s tax cuts
on corporations. He is against extending tax cuts on capital gains and dividends. He is against supporting the permanence of estate tax cuts. The wealthy will pay more taxes. He wants to develop a strategy (more taxes) to eliminate extreme global poverty. Barack Obama believes that the last thing we need is a permanent tax cut.

Source: On the Issues

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