Lobo: Then you need to provide a source to that data because every study I've shown shows it much closer to nearly half our income ends up going to the government in some form (federal, state, local, property, sales tax). Studies? What studies. All I see is your usual storytelling device of taking yo
Well, excuse the hell out of me. I thought it was obvious that I was talking about the total tax burden. Next time, I'll type extra slow so you can keep up. The overall tax burden means every form of tax. Federal, state, local, sales, excise, all the different kinds of taxes that every person pays. When it's all balanced out, the numbers come out to around the 20% range. Why is that? One of the main reasons is that FICA taxes phase out a
Not a particularly good analysis. Not only for the simple reason that as a percentage of total income, the rich pay around 19% of their total income to 18% for the poor after payroll taxes are factored in. The curve for hours that you "work for the government" is roughly the same for all income brackets. If a dishwasher worked 60 hours a week, his percentage in taxes would go up in roughly the same way. Of course, the rates are different, but the ma
The first step in reducing our dependence on foreign oil is to do what we each can to reduce consumption. Link Big change is made up of a lot of little changes, and each of us has a part to play.