Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jimsin

“the government takes 60% of your money”

lol, delusional


65 posted on 02/26/2013 7:49:06 AM PST by ksen
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ksen
“the government takes 60% of your money” lol, delusional'......

UM....LOOKS LIKE YOU'RE THE DELUSIONAL.... young man....As usual ANNIE MAKES FOOLS OF THE FOOLS......SORRY..HAHAAHA BUT....next time do your homework before the mouth runnin starts..... and try work with mom and dad so's you can move out of their basement soon....bwahahahaha

READ AND LEARN SMALL GRASSHOPPER SEE IF YOU CAN FOLLOW THIS:

http://www.nowandfutures.com/taxes.html

Item Rate Notes Federal personal income tax 17% (2011 est. - 18.2%) Top 25% rate. It ranges from a credit up to well over 40%. Source State & local income taxes 10.1% (2009 - 10.6%) State taxes range from under 6% to over 12%. Local taxes run from zero to 2.75%. Source, source, source, 2009 source Sales tax 9.7% (2009 - 10.3%) Figure is the average rate. State sales taxes range up to 8% and local taxes run from zero to over 5%. Source, source, 2008 source (broken link as of 2012), 2009 source Social security & Medicaid 7.65% Total rate is actually 15.3% since half is paid by the employer, but we're ignoring that to be kind and to avoid being accused of being too political. Federal corporate income tax share 3% Based on corporate taxes being approximately 1/6 of personal taxes, and that they are paid by individuals in the final analysis. Property tax 2.5% (2007 - 2.7%) Yearly average actual costs range from under $200 in Alaska to almost $1900 in New Jersey. Source Fuel/gasoline tax .5% (2009 est. - .6%) Approximately 23% of the 2005 gasoline price is for federal & state taxes. The federal excise tax is 18.4 cents per gallon. Per the CPI, about 6% of the average budget is for transportation. Estimated. 2010 estimate, $.45 per gallon average. Source Other 5% (2009 est. - 7%) Includes estate tax, fees, licenses, inflation losses, inheritance, deficit allowance, gift, and others too numerous to mention. Estimated. Total tax percentage paid by the above average US citizen, 2005 - 54.4%

Total tax percentage paid by the above average US citizen, 2009 est. - 57.7%
67 posted on 02/26/2013 5:09:53 PM PST by jimsin (e)
[ Post Reply | Private Reply | To 65 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson