Here’s another reason to attend a `Tea Party` near you: what taxes add to the cost of goods and services. Americans for Tax Reform estimated taxes imposed on some everyday items as a percent of their average price. For example: Cigarettes, 87 percent; distilled spirits, 80 percent; car rentals, 61 percent; domestic airfare, 55 percent; landline phone, 52 percent; wireless phone, 46 percent.

`Sin` taxes, telecommunications taxes, and taxes on tourists are included in the analysis. While most of these goods and services are subject to specific excise taxes and other charges, the tax “bite” also includes the cost of sales taxes, corporate income taxes, payroll taxes, property taxes, capital gains taxes, unemployment insurance taxes, workmen’s compensation taxes, and other payments businesses must make to federal, state and local governments.

Americans for Tax Reform Center for Fiscal Accountability | Hat tip: Georgia Public Policy Foundation

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