I love this idea. More companies should tell their customers how much they are paying in taxes when the pay for an item or a service. The government has forced businesses like McDonald’s and Burger King to put signs up showing nutritional and calorie information. The same is true for every commodity that’s sold in a grocery store. So why not taxes and regulation expenses?
I bet you that most employees don’t know that employers pay more than 7 percent in Social Security and Medicare taxes equal to that of the employee.
Obamacare is going to cost all employers money. Employees and customers should be informed how much more they’re going to have to pay for “free healthcare”:
While some business owners threaten to cut workers’ hours to avoid paying for their health care, a West Palm Beach, Fla., restaurant owner is going even further. John Metz said he will add a 5 percent surcharge to customers’ bills to offset what he said are the increased costs of Obamacare, along with reducing his employees’ hours.
“If I leave the prices the same, but say on the menu that there is a 5 percent surcharge for Obamacare, customers have two choices. They can either pay it and tip 15 or 20 percent, or if they really feel so inclined, they can reduce the amount of tip they give to the server, who is the primary beneficiary of Obamacare,” Metz told The Huffington Post. “Although it may sound terrible that I’m doing this, it’s the only alternative. I’ve got to pass the cost on to the consumer.”
When I was in high school, I worked at a gas station. It used to be that each gas pump had a tag that told you how much you were paying in taxes. Those tags are gone. Here’s my suggestion to the oil companies. Put signs on your pumps showing consumers how much profit per gallon you are making and how much the government — local, state, and federal — is charging in taxes.
The profit oil companies make on a gallon of gasoline is minuscule compared to what they pay for the crude oil, refining, distribution and marketing, salaries, taxes, and dozens of other expenses.
The oil industry employs tens of thousands of people — it may be millions — creates residual businesses, takes all the risks in drilling and transportation, pays billions of dollars in taxes, and gets blamed for gouging the consumer for unfair “profits” for delivering a volatile product safely to outlets of distribution a few miles from our homes and next to highways that crisscross America. Government agencies, on the other hand, simply cash the checks for the taxes the gas stations collect from their customers. The combined state and federal taxes for California is over 50 cents per gallon. Nevada pays even more. Hawaii is the most heavily taxed state when it comes to gasoline. The United States average is somewhere around 45 cents per gallon.