Taxes, Taxes, and More Taxes: ‘A Never-Ending Meteor Shower’

May 3, 2011

Former U.S. Senator Zell Miller, a Georgia Democrat, once noted that “government takes too much from our taxpayers—big and little alike. Federal-state-local taxes come at us from every direction. It’s like a never-ending meteor shower.”

As OCPA has pointed out before, meteor showers can sometimes produce so many meteors that it can be difficult to count them all. Same with taxes. Now, using the CCH 2010 U.S. Master Tax Guide (for federal taxes) and the Oklahoma Comprehensive Annual Financial Report (for state taxes), I can compile a pretty thorough list. Still, this doesn’t cover your local taxes (property taxes, sales taxes, hotel lodging taxes, etc.). And don’t even get me started on the 20 new or higher taxes in the Obamacare law.

If I’ve neglected to list any of your personal favorites, please write to me. In the meantime, enjoy the meteor shower!

Federal

State of Oklahoma