Author Topic: Hidden Layers of Taxes on 13 Popular Items  (Read 792 times)

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Offline NateRiver

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Hidden Layers of Taxes on 13 Popular Items
« on: February 09, 2009, 04:20:12 PM »

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When federal or local governments need to add to their coffers, there are 13 items that they find so easy to tax. The cost of these items is inflated with everything from business tax to sin tax. The Center for Fiscal Accountability has a chart showing the breakdown of the “Tax Bites” for these goods and services. The highest-ranking item is a pack of cigarettes at 81.30% and this is before the SCHIP bill.