Everyday is Tax Day

Curtis Dubay / April 15, 2009

Congratulations! You made it! Tax day is finally here and you are free from filing your income tax returns for another year. Celebration is in order just for navigating the labyrinth that is the federal income tax code.

While you celebrate finally being done with the arduous task of filing your returns, remember, just because you don’t have to do it again for another year, that doesn’t mean you aren’t paying taxes each and every day from now until then.

Here is a partial list of the taxes we pay throughout the year, in addition to federal, state, and in some cases, local income taxes. We pay sales taxes on most of our purchases; corporate income taxes through lower paychecks, fewer jobs and higher prices on the products we buy; capital gains and dividends taxes on our investments; tobacco taxes if we smoke; alcohol taxes when we drink beer, wine or spirits; gas taxes when we drive; energy taxes when we use electricity; communications taxes on our phones and cell phones; estate and inheritance taxes when a loved one passes on; payroll taxes on our wages; and property taxes on our cars and homes. (more…)