Adding It Up: How Much Tax Does A Taxpayer Pay?

NPR ^ | September 8, 2010 | Tamara Keith

[Darteaus94025]

Let’s not forget the tax of inflation. When the government just prints money w/o backing, the value of everything you have denominated in dollars just got cheaper.

SSI of your employer is a cost incurred by them on your behalf. I don’t know how you’d add that to the mix, but it is a consideration when it comes to hiring and costs.

[from occupied ga]

My liberal brother-in-law lives in Tn and he is constantly writing his legislative representatives to institute a state income tax. I haven’t shot him because I couldn’t get away with it.

[CodeToad]

All we need to know is that the federal, State and local governments spend about 55% as much as the GDP to know that they tax 55%. Some is debt spending but that still will result in 55% taxes, if not more for interest. So, everyone pays about 55% in taxes; from income and payroll taxes, sales, gas, hidden (meaning, manufactuering pays and then you pay at retail), fees and fines, etc.

[Daffynition]

>we are at the end of the ‘slippery slope’ with no escape.<

That we are.

I hope I live long enough to see tax reform.

[Grammy]

Tell you BIL that he can ALWAYS send in more than is required with his taxes. In fact, if he is not sending in the amount he thinks we need to have as an income tax, then he is a hypocrite.

[from occupied ga]

then he is a hypocrite.

Oh he's a hypocrite all right. No doubt about that. Fortunately I rarely ever see him.