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To: lifeofgrace
2 days, min., easy peezy.
2 posted on
08/22/2014 5:35:41 AM PDT by
Paladin2
To: lifeofgrace
3 posted on
08/22/2014 5:38:43 AM PDT by
knittnmom
(Save the earth! It's the only planet with chocolate!)
To: lifeofgrace
I only want to capture the taxes we directly pay or are included for specific items (like gas) in the final price. I dont want to go back five levels into corporate taxes and dividend taxes and factor that in. First it would be ridiculously complex to calculate. Very difficult to calculate, and would be very, very large.
Second, it would be irrelevant to the results.
Yeah, the government wants you to think that. If you understood just how large that was, revolt would happen quickly.
4 posted on
08/22/2014 5:42:36 AM PDT by
thackney
(life is fragile, handle with prayer.)
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5 posted on
08/22/2014 5:48:52 AM PDT by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
To: lifeofgrace
It depends on how much you earn—because some taxes are progressive.
But, if I had to guess, I’d say about 1.7 days per week.
To: lifeofgrace
Cities like to call them fees. Indirectly taxed goods add up too. Add even more for regulatory costs. Every thing ypu buy has taxes built in from the producer. I would say upwards of 60% of all income goes to some form of tax or fee.
To: lifeofgrace
16 posted on
08/22/2014 6:45:38 AM PDT by
SunTzuWu
To: lifeofgrace
The tax burden on the average American family is about 41%. I believe this figure is from the Cato Foundation.
20 posted on
08/22/2014 6:49:30 AM PDT by
sima_yi
( Reporting live from the far North)
To: lifeofgrace
Is Health Insurance a tax? I know that SCOTUS doesn't think so, but the gov't requires us to have it - and in fact, requires specific coverages that may not be needed.
How about Car Insurance? Technically, we don't need to have it, but it's legally required, with mandatory minimum coverages (and enforced by the gov't) if we want to drive anywhere.
I'd think that just making a list of all the taxes we pay on a daily basis would be a daunting task. And, I think 40% (2 out of 5 working days) is probably a little low.
21 posted on
08/22/2014 7:06:31 AM PDT by
wbill
To: lifeofgrace
That should be a good experiment. I concur that it will probably be around 1.75 days/week spent paying the piper, as studies have shown that across all income brackets the total average tax burden is 35-41%.
To: lifeofgrace
Can’t track the built in taxes on services and commodities that make up the services and products you pay the taxes on.
To: lifeofgrace
I decided to find out exactly what we pay in taxes. But, but...what about roads, bridges and police departments???
25 posted on
08/22/2014 7:21:08 AM PDT by
Lou L
(Health "insurance" is NOT the same as health "care")
To: lifeofgrace
Don't forget your utilities. Taxes, fees, and assorted obfuscations amount to 9% of my electric and phone/internet/communications bills in Florida.
28 posted on
08/22/2014 7:56:36 AM PDT by
Jacquerie
(Article V. If not now, when?)
To: lifeofgrace
If you capture fed, state, and local (taxes on the utility bills: phone, water, sewer, gas, electric)I’d guess at least 2-2 1/2 days.
29 posted on
08/22/2014 8:02:04 AM PDT by
reed13k
(For evil to triumph it is only necessary for good men to do nothings)
To: lifeofgrace
I'll guess 2.45 days. (2.45 days = 7 days * 35%.)
30 posted on
08/22/2014 8:03:32 AM PDT by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: lifeofgrace
Based on your replies, I take it you’re the author of the blog. First off, excellent project that many will find of value for many reasons.
You asked for taxes not to forget so here’s one for you. Check out the taxes on your phone bill(s), especially that one that’s still paying off the Spanish-American War.
31 posted on
08/22/2014 8:05:23 AM PDT by
T-Bird45
(It feels like the seventies, and it shouldn't.)
To: lifeofgrace
It definitely depends upon his tax bracket. If he and his wife make over 160k, I would guess somewhere between 3 and 4 days if you’re counting week as seven days, if you’re counting it as 5 days, then I’d say a little less than 3.
To: lifeofgrace; All
34 posted on
08/22/2014 8:28:17 AM PDT by
freds6girlies
(many that are first shall be last; and the last shall be first. Mt. 19:30. R.I.P. G & J)
To: lifeofgrace
After I did my taxes last year I added up my FICA, property taxes, calculated sales tax deduction, gas taxes based on mileage and the income tax I paid and 27% of my gross income went to feed the beast.
God gets 10%
35 posted on
08/22/2014 10:09:06 AM PDT by
tx_eggman
(Liberalism is only possible in that moment when a man chooses Barabas over Christ.)
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