Efile has created an infographic showing some of the weird and unusual taxes we have had over the years. Even though we know it’s certainly not unusual to be taxed, we all know there has been some crazy taxes that they have come up throughout the years. Take a look at the infographic from Efile below and see for yourself.
Trading Academy’s Top 10 Tax Mistakes Traders Make
The online trading academy has created a list of mistakes that most investors and traders make when they file their taxes. When filing their taxes they always have special challenges that they are faced with and these mistakes are common. The list of mistakes below are from an affiliate of trading academy called Tax Pros. View the infographic below to learn the top 10 mistakes you as an investor or trader need to be aware of.
The UK as 100 taxpayers
Paying tax is never enjoyable and the complex tax system just makes everything worse. Well, here is an infographic that will simplify some things about the UK income tax system.
Sin Taxes: The Price of Pleasure
How much are you paying in tax towards pleasure products like alcohol, cigarettes, gambling and marijuana? This infographic gives you an idea how much you would be paying for these items if tax was excluded from the price.
How The Super Rich Avoid Paying Taxes
The U.S. economic system offers no shortage of loopholes allowing the ultra-rich to shortchange Uncle Sam.
Tax rates for those making >$1 million level out at 24%, then declines for those making >$1.5 million. Those making $10 million a year pay an average income tax rate of 19%. $70-$100 billion is the estimated tax revenue lost each year due to loopholes. So how exactly do the super rich hide that much money from the government every year?