Knowlege base on Ms State Tax Comm Investigation
Regardless of whether we like it or not Taxation is a fact of living. Virtually all people do not realize what the burden in taxes is that they pay on a daily, monthly or yearly basis. Taxes have perniciously sneaked into our lives in many forms. Most of us pay federal state and local or municipal taxes. Do you ever look at your phone bill and see what taxes are tallied or other utility bills? How about the taxes tallied at the petrol pump, usage fees at national parks, tolls for turnpikes. Your boss is paying for your fica as much as you are with what is known as the employment tax.
Is it a wonder that virtually all families want 2 jobs just to stay afloat these days. Sitting down a number of years ago I estimated out what we anted up in taxes and it was substantially over $50,000 for one year. I had admitted Federal, State, social security including employer share, real estate, sales taxes (a rough estimate). It seems government on all levels is taking more and more day and night.
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