The Dolans on Hidden Taxes You and I Pay

Our favorite radio money advisors have written about hidden taxes we pay on everything from peanut butter to luxury cars to gasoline (don't get me started) to taxes on your insurance premiums.

What a country!

Hidden taxes: Eight you are paying every day by Ken and Daria Dolan Mar 11, 2008

Ken and Daria Dolan are widely known as America's First Family of Personal Finance.

This time of year, we are all well aware of how much we pay Uncle Sam in income taxes. And we all can clearly see the sales tax we pay when we go shopping or enjoy a nice dinner out. We're not happy about them. But at least we know that we're paying those taxes...

Gas Tax ... Guzzler Tax ... Travel Tax ... Sin Tax ... Outdoors Tax ... Insurance Premiums Tax ... Import Tax ... Payroll Tax

Read the full article

It seems the only way to avoid these taxes is to not use the services or products.

Someone should write a book (why not me?) called YOUR TAX FREE LIFE, it'll sell a million-gazillion copies. (I may use it for my next book of poems!)

Check out more of The Dolans on WalletPop.

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The Dolans

Copyright © 2008 by Anthony Buccino, all rights reserved. Content may not be used for commercial purposes without written permission.

More Taxes You Pay Without A Thought

When we posted that Hidden Taxes You And I Pay, well, we thought it covered the monthly communications bill from FiOS.

Now, that our one convenient monthly bill includes Internet, TV, landline and three cell phones, it exceeds the rent we paid in 1977 on our Mary Street apartment in Belleville, N.J.



Here are some of the taxes we found on our 'phone' bill:

PAGE 3
Federal Subscriber Line Charge - $6.29
Federal Universal Service Fee - .64
CREDIT - Federal Universal Service Fund Surcharge - .57
Federal Excise Tax - .23
CREDIT State Tax - .18
E911 - .90
Federal Universal Fee - LD - $1.23
State Tax - $2.85

PAGE 4 Non-Basic Svc.
State Tax - .28

PAGE 6 FiOS TV
State Tax - $1.26
CATV Universal Access Fee - .32

PAGE 7 - Wireless
Taxes, Governmental Surcharges & Fees - $8.47
(I don't believe this, do you?)

PAGE 9 - Wireless breakdown
Wireless surcharges
Fed Universal Svc. Charge - .98
Regulatory Charge - .07
Administrative Charge - .70
Taxes, Governmental Surcharges and Fees
NJ 911 - .90
NJ State Sales Tax - $3.52

PAGE 10 - Wireless breakdown
Wireless surcharges
Fed Universal Svc. Charge - .22
Regulatory Charge - .07
Administrative Charge - .70
Taxes, Governmental Surcharges and Fees
NJ 911 - .90
NJ State Sales Tax - $1.48

PAGE 11 - Wireless breakdown
Wireless surcharges
Fed Universal Svc. Charge - .22
Regulatory Charge - .07
Administrative Charge - .70
Taxes, Governmental Surcharges and Fees
NJ 911 - .90
NJ State Sales Tax - .77

My abacus has broken, are there any math majors out there who can figure this out?

On Wednesday, for my $1.25 container of vanilla pudding, the restaurant added a sales tax and will dutifully send 9 cents to Gov. Jon Corzine. We suspect that of the 9 cents, 8.5 cents will be wasted on bureaucratic inefficiency and 2 cents will be added to the state's deficit.


Copyright © 2008 by Anthony Buccino, all rights reserved. Content may not be used for commercial purposes without written permission.

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