Skip to comments.BLS: Americans Spend More on Taxes Than Food and Clothing Combined
Posted on 08/30/2017 1:11:43 PM PDT by Olog-hai
Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics.
The same data also shows that in three yearsfrom 2013 to 2016the average tax bill for Americans increased 41.13 percent.
In 2016, according to BLS, consumer units (which include families, financially independent individuals, and people living in a single household who share expenses) spent more on average on federal, state and local taxes ($10,489) than they did on food ($7,203) and clothing ($1,803) combined ($9,006).
The average tax bill for American consumer units increased from $7,423 in 2013 to $10,489 in 2016, according to data released this week by the Bureau of Labor Statistics.
The tax-and-spending data was collected as part of the BLSs Consumer Expenditure Survey, which is conducted for the BLS by the Census Bureau. The survey measures the expenditures and incomes of American consumers.
(Excerpt) Read more at cnsnews.com ...
That’s the way they want it. How else could we subsidize our own demise?
Well, yeah........How do you expect the Brahmins of the Beltway to keep up their lavish lifestyle AND buy your votes?
Don’t we pay tax on clothes as well? I bought a pair of socks and sneakers a few weeks ago and I’m pretty sure they taxed me.
You’re not getting the point.
That’s only true if you’re actually on balance paying taxes. Since roughly half of the country doesn’t, it’s twice as bad for those who do.
My Federal alone is more than my gas, electric and mortgage combined.
We’ll I’d like to buy more clothes. And better food. But I can’t. Having said that, most would be shocked at how much I make and still be in this position. But between healthcare, health insurance, taxes, fees, tolls, assessments utilities and such, I’m feeling pretty poor.
Worked at a defense contractor business for 33 years, then came obama.
“Tax Freedom Day” was on April 23rd this year.
For 4/12 of the year, the average American works for the tax collector.
And congress will continue to screw us all.
No great surprise, here. It’s been like this for many years, in our house. And, we are not high wage earners.
Much ado about nothing. Food is cheap and the markup on clothes is so high just wait for the prices to go down. Made in Pakistan helps.
They sent all the jobs overseas so people would think things are cheaper and they could raise taxes and they would not notice..
Sobering. The Obama era.
Oscar Meyer bacon is $8.49/pound.
I’ve been there. I used to work with people that made a lot less money than I did and couldn’t understand why I couldn’t afford all the nice things they had, and expensive lunches everyday, and Starbucks two or three times a day. I was saving some money too with tax differed retirement plans, which was one of the wisest things I ever did.
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