The basic ways the government steals your money:
- If you earn it: income TAX
- If you own property: property TAX
- If you spend it: sales TAX
- If you save it: “inflation TAX”
devaluation through inflation (not a tax per se, but reduces purchasing power)
- If you invest it: capital gains TAX
- If you start a business: licensing fees “TAX”
- If you own a profitable business: corporate TAX
- If you gift it: gift TAX
- If you pass away: estate TAX
- If you travel: tourist or departure TAXes
- If you buy fuel: fuel TAX
- If you own a vehicle: vehicle registration & road TAX
- If you buy certain goods: excise TAX
(on items like alcohol, tobacco, & gasoline)
- If you use utilities: utility TAX
- If you import or export goods: customs duties and tariffs “TAX”
- If you extract natural resources: resource royalties and severance TAXes
- If you own a pet: pet licensing fees “TAX”
- If you engage in certain activities: sin TAXes
(on items or activities deemed harmful, like tobacco or gambling)
- If you buy or sell property: stamp duty or transfer TAX
- If you stay in a hotel: hotel TAX
- If you fly: airport TAXes and fees
Am I forgetting anything 🥵
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