Saturday, January 1, 2011

It Starts...

Sometime in 2010, I got to wondering how much I really paid in taxes. Determining the amount of income tax is easy -- just a glance at my state and federal tax returns -- but total taxes is quite tricky to know for sure. Estimates are fine, but what I'd really like to know is the exact amount, how it's broken down between different types of taxes and how much of my net (post-income tax) salary goes toward other taxes.

My solution? Start a blog and log every sales, gas, transit, and excise tax I pay. I also plan do do a little research on what all these other types of taxes are and learn something about them while I pay them.

This will not be an exciting blog. But, in full disclosure, I am an IRS-certified tax preparer, which makes me kind of a tax nerd.

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