Posted on 05/24/2009 4:54:38 PM PDT by jessduntno
If the Fairtax passed it would tax (not eliminate) almost all of those taxes/fees an additional 30%.
Hahahaha...got it already...the Amscray Tax!
Unbelievable...
The Borough Charge a Fee of $72 bucks just to rent a apartment. They Charge $4 for a garbage Bag... if you over filled your Recycling barrel
My village dropped the vehicle sticker tax about the same time they imposed an extra tax on cell phones. So now, instead of paying $30 per year for 2 vehicle stickers, I pay about $75 per year in cell phone taxes.
A long time, when I first moved out of Chicago and into a local suburb, the village I moved into had a decision to make. The fees collected from those vehicle stickers was not enough to cover the payroll of the person the village hired to distribute the stickers. So, they raised the fee. That's when I first realized that I was an advocate of small government.
You probably didn't notice this little provision inserted into the Heroes Act of 2008, passed by Congress on June 17.
The headlines in the press release about the law were about the increased benefits for veterans and families of deceased military.
But Richard Kohan of Price WaterhouseCoopers drew my attention to one section of the act -- the portion that states anyone voluntarily giving up his or her citizenship will be taxed on ALL of his assets as if he or she had sold them -- paying capital gains on assets that have increased in value, even though they have not been sold!
Here is the link for that one: Chicago-Sun Jun 30, 2008
Also, are ex-patriot taxes separately named?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.