If you build it they will tax it

Written By Norman Epstein

We are taxed on what we earn, what we buy, and what we own.

Things that used to be taboo are now welcomed by the government…so that they can get more money by taxing… more money to spend on things we didn’t vote for.

It used to be against the FCC to advertise on TV and Radio for liquor, but now welcomed. Gambling was also a major NoNo…now rife on Sports events through TV, Cable TV, and Radio.

The government is very creative in taking our hard-earned money through new methods to tax, but is not so creative in eliminating waste and fraud.

Some of the things we are taxed for:

TANGIBLE GOODS

  • CLOTHING

  • FURNITURE

  • TOYS

  • ELECTRONICS

  • BOOKS

  • PREPARED FOOD

  • FOOD

  • ALCOHOL

  • DIGITAL GOODS

  • SPECIFIC GROCERY ITEMS

  • GASOLINE

  • LABOR SERVICES

  • TOBACCO/CIGARETTES

  • CANNABIS

  • FEDERAL TAXES

  • INDIVIDUAL INCOME

  • CORPORATE

  • SOCIAL SECURITY new law no tax

  • MEDICARE

  • INVESTMENT INCOME

  • GAMBLING WINNINGS

  • AIRLINE TX

  • ESTATE

  • GIFT

  • CUSTOM DUTIES

An example of a tax boondoggle is the California Zombie Bullet Train. Some 16 years to build a high-speed rail from LA to SF and budgeted at 33 Billion has been revised for 119 miles from Merced to Bakersfield and a total of 125 Billion dollars, with an estimated decade or more, if ever, from starting service.

Anyway…you get the picture.

Norman Epstein
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Too much of a good thing