Taxation

Im buffled to discover the various list of taxes in the u.s. as its no wonder the populous of the country suffer financially. Most of the money they make seems to be taken by the government. Which inherently is used for god knows what. But we may have a damn good idea as of recent events. My advice save the money you have to buy a broken down house and build it up , land to cultivate or boat to rent out. In the long run you make money and benefit. Dont be stuck in one place to pay rent.

Think big, think far, think ahead. Strive to become a top dog. For some reason taces only seem to apply to the under dog.

• FICA tax is a tax levied in the United States to fund Social Security and Medicare.
• Pay-as-you-earn tax is a tax paid on each paycheck to pay towards income tax. It is commonly refunded when taxpayers file income tax returns.
• Withholding tax is money withheld from a paycheck, often to contribute to income tax liability.

• Sales tax is a tax on retail sales.
• Value added tax is a tax on manufacturing that taxes the difference between the cost of raw materials and the cost of the final product.
• FairTax is a proposal to replace every tax in a particular country with a single retail sales tax. To avoid having the tax being regressive, the tax system would also provide a rebate to every citizen subject to the tax.
• Per unit tax, a tax charged proportionally to the amount sold, such as by cents per kilogram.
• Turnover tax, a tax on intermediate and capital goods that is viewed as a precursor to a value-added tax.
• Use tax, a tax charged on an item purchased in an area without a sales tax when brought to areas that has one.

• Capital gains tax is a tax on the sale of an investment, usually stocks, bonds, precious metals and property.
• Corporate tax is levied on the earnings or profits of a corporation.
• Dividend tax is a tax on dividends paid to shareholders of a company.
• Excess profits tax is a tax on unusually high profits levied on a corporation. This was largely levied in the United States in times of war to prevent war profiteering, but has been proposed at other times.
• Flat tax, an income tax where everyone pays the same tax rate.
• Gift tax, a tax on gifts given (generally paid by the person making the gift, not by the recipient).
• Gross receipts tax, a tax on revenues received by a corporation, even if they don’t profit.
• Hall–Rabushka flat tax, a flat tax on income that excludes investments.
• Inheritance tax, a tax paid on money gained through inheritance
• Negative income tax, an income tax where the poor receive payment from the government, instead of owing taxes.
• Windfall profits tax is a tax on profits gained by a company that has some kind of large unexpected profit.

• Alcoholic Tax is a tax that levies alcohol.
• Carbon tax is a tax levied on the carbon content of fuels, as a measure to income the impact of global warming.
• Fat tax is a tax levied on unhealthy foods.
• Financial transaction tax is a tax on certain financial transactions, such as the sale of stocks.
• Fuel excise is a tax levied on fuels, especially for motor vehicles.
• Internet tax is a tax on internet services.
• Luxury tax is a tax on luxury goods.
• Soda tax is a tax on soda.
• Sin tax is a tax levied against any undesired activity. This includes taxes on alcohol and cigarettes.
• Stamp Duty is a tax levied on official documents.
• Transfer tax is a tax levied on the sale of property.
• Vehicle excise duty is a tax on vehicles levied in the United Kingdom.

• Corvée refers to a person being forced to work instead of paying taxes. Such systems require certain classes of people to labor for a certain length of time, and the person would be free once the corvee obligations were met. While a form of unfree labor, it is also considered a tax, since a person’s labor has value. Corvee was often implemented in areas where the poor had no money to pay as taxes.
• Church tax is any tax that goes to a church.
• Ecotax, a tax of any kind intended to improve the environment.
• Franchise tax is a tax levied on the net worth of a corporation.
• Khums was a tax on items looted during war levied in Islamic States.
• Scutage was a tax levied in England. A person could pay scutage instead of serving in the military.
• Surtax is an additional tax levied on some other tax.
• Wealth tax is a tax on the value of everything owned by a person.