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10 Hidden Taxes You’re Probably Paying

July 26, 2007 by Chuck | 0 Comments

Here’s the summary:

1. Gasoline (Diesel) tax (and if you are running your car on vegetable oil, you’ll be fined for not paying this tax)

2. Sugar price supports

3. Payroll tax

4. Alternative Minimum Tax – once a “catch all” tax to soak rich people with so many deductions they never paid anything, it’s now reaching the middle class thanks to inflation and the impotence of Congress to do anything about it besides talk.

5. Gambling “Phantom Winnings” Tax

6. Taxes on Social Security payments

7.  Taxed premiums on employer provided life insurance over a certain amount

8. Airline Ticket Sales

9. Personal Exemption “Phase Out”

10. Tobacco Taxes (if you smoke)

Read it all at Forbes.com

In Government

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