Obama's Quasi-Tax Increases

When most people think about taxes, the first thing that comes to mind are federal and state taxes.  Some will remember sales taxes, Social Security taxes, and Medicare taxes.  What unites all of these taxes are that they are burdens placed by government on the citizens of America.  When we talk about the full tax burden Americans endure, it behooves us to count all of the ways in which the government forces us to spend our money. To understand the full tax burden of Americans, we need to look at all the government does that directly financially impacts each American.  For example, since 9/11, every time you fly, you have to allocate an extra hour or more to deal with security.  That hour you lose is a burden imposed by the government that does not show up on your regular tax bill, but since time is money, that hour does impact your life. Any sort of government imposed non-tax financial burden can be called a quasi-tax in that it takes money out of the pockets...(Read Full Article)

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