How much tax do we pay from the moment we get out paycheck? Of course that is after taxes too! On the average we pay half of what we make on taxes. I have written about taxes before -it was about a phone bill -there were at least nine different types of taxes on one bill; which is not unusual. You can check any of your bills and you can see that there are many types of government and private taxes collected from you.

The reason I came back to this topic is not because there is something I or you can do to avoid paying taxes or somehow reduce them -maybe to 20-30 percent. NO. But I am writing to say this: we pay taxes to buy stuff -from a bottle of water to a house. But do we really need to pay taxes on stuff we RENT. Let me elaborate.

I rented a piece of equipment from Home Depot last night. I had option of renting for four hours or for twenty-four hours. Regardless of how long and what kind of equipment I rented -I still had to pay the regular 8.1% tax on it. What is that all about? If I had purchased the tool to keep, then I would understand the reason behind it -we all pay tax when purchasing items from anywhere. But when it comes to renting; I am taking it back after I am done. Why do I have to pay tax on that!

It just seems very unreasonable to pay taxes on items we rent. If any, the store should cover the tax. They are renting the tools/items -we have to return them back to the store. And when they are done renting, they will sell it at price and making even more money -of course the tax will be imposed at the time of sale as well (which is normal process) -but renting! Unacceptable!