Category — Peter Welch

Why is the Government broke?

Not everyone pays all these taxes in every state; some states tax unprepared food, others like New Hampshire tax the scenic view you have from your property. To insult you further all tax, at some level, your view of the coffin lid. Politicians will look you in the eye and tell you most of these aren’t taxes, they’re fees for allowing you to exist.
This list is by no means definitive. Many more state and local “fees” are in place, limited only by the imagination of the “Elected Elite.”
I’m using $1000.00 as monthly earnings for ease of math and understanding. Also, I’m using Vermont as the basis for other taxes, which may or may not have the same rates OR even be collected where you reside. All is computed as single, no exemptions, 0 dependents

Federal Income Tax: @ 15% of gross adjusted = $150.00 X 12 = $1800.00

State Income Tax: decoupled from the Federal when Bush’s tax cuts took place. $434.00

Federal Medicare Tax: @ $1.36% of gross =$13.60 X 12 = $163.20

Social Security Tax (FICA): 15.7% of gross = $157.00 X 12 = $1884.00

The fact that the employer is paying your other half means he isn’t giving that to you in wages. You still pay it.

State Unemployment Tax (SUTA): Average $1.00 to $3.00 per month $1.75 X 12 = $21.00

Workers Compensation Tax: $25.00 X 12 = $300.00

Property Tax: My town = $1.43 per $100.00 evaluation $200,000 =$2860

Renters as well as homeowners pay this. Seriously, do you think the landlord pays your share?
Phone Fees and taxes land Line:

Federal Subscriber line charge $6.40 X 12 = $76.80

Federal Universal Service fee $0.65 X 12 = $7.80

Vermont Universal Service fund $0.24 X 12 = $2.88

Vermont State tax $1.13 X 12 = $13.56

Federal Excise tax $0.59 X 12 = $7.08

Phone Fees and taxes Cell phone:

Federal Universal Service fee $2.01 X 12 = $24.12

Vermont State tax $13.18 X 12 = $38.16

Vermont Universal Service fund $0.67 X 12 = $8.04

Regulatory Program Fee $0.96 X 12 = $11.52

Utility Taxes: $100/month electric bill 4.5% =$4.50 X 12 = $54.00

Vermont residences do not pay sales tax on energy used, they do pay an Energy Efficiency Charge, between 4.5 and 5%, funds the statewide Energy Efficiency Utility
Gasoline Tax: $0.42 cents/gal Federal and State(some states add their tax as a percentage of the per gal charge) Thought this ruling is of interest. The state will have no untaxed gasoline in cars.

At 20 MPG, 100 miles =$2.10 X 15,000 miles/year = $315.00
Vehicle License Registration Tax: for pleasure /year $60.00

Rooms and Meals Tax: Eat out once a week

$30.00 dinner for two = $2.70 = $140.40

9% on everything from coffee to the motel room. Add up all those lattes and bagels for more tax, tip optional
Here’s the annual total of those taxes I can actually figure. You need to add the sales, use and other taxes as you believe you pay them:

TOTAL: $8161.56

Your income: $12,000.00

Percentage of income paid in taxes/year: 68% of Gross

With all this the Congress wants to let the “cuts” expire and raise taxes on “only the wealthy.” Aren’t you glad to be only poor.
Extras:
Sales Tax: Charged on everything except unprepared food and first $110 of clothing, State rate is 6% with some towns adding 1% to that.
Service Charge Tax: Same rates at Sales tax. Placed on services like medical, dental, construction etc. 6% with some towns adding 1% to that.
Use tax: Buy a item out of state for $100.00, pay the sales tax there, bring it into Vermont and pay 6% use tax here.
Marriage License Tax: to make legal what you are doing now, $15.00.
Excise Taxes: Federal taxes on things like tires for the car $3.00/tire added on to the cost, don’t forget the sales tax.
The following taxes you pay when you use any middleman for work, selling or buying, shipping:
Building Permit Tax; A variable fee based on the cost of the project, gets you a piece of paper with writing on it allowing you to alter your own property.
Federal Unemployment Tax (FUTA
Road UsageTax
Accounts Receivable Tax
CDL license Tax
Inventory Tax
Fuel Permit Tax
Gross Receipts Tax
Food License Tax
Corporate Income Tax:
Luxury Taxes
Real Estate Tax
Personal Property Tax
Cigarette Tax
Dog License Tax
Hunting License Tax
Fishing License Tax
Liquor Tax
Watercraft Registration Tax
Recreational Vehicle Tax
Inheritance Tax
Well Permit Tax

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March 8, 2008 at 5:34 pm   6 Comments

Junkets and junk

Letting this individual go to Iraq for any foreign policy work is ridiculous. He cares less about the Iraqis. His political platform of rotted wood and bent nails is “Get the troops out of Iraq.”

Rep. Peter Welch Headed To Iraq

Trip To Examine Political, Military Situation

Vermont’s U.S. Representative Peter Welch is on his way to Iraq.

Welch, a Democrat, will also travel to Jordan and Lebanon as part of the trip organized by the House Oversight and Government Reform Committee. [snip]

Welch left Vermont on Sunday.

Unfortunately, he plans on returning to the U.S.

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January 9, 2008 at 5:43 pm   Comments Off