Amlord
Apr 15 2003, 05:53 PM
Are we taxed too much? Federally? State? Local?
Although I pay a "mere" 12% of my income to the federal govt (actually paid), add in State and Local Income taxes (about 4% and 3.5%, respectively), property taxes (about 2.5% of my income).
That doesn't include Social security, Medicare, or Sales taxes (7% of purchases in my state and county).
That adds up to 19.5% in income tax, 2.5% in property tax, and (estimate) 5% in "other" taxes.
That adds up to 27% of my income going to the government.
I belong to the "middle class" making just over $50k per year and my wife doesn't work (this will probably change soon).
Anyone feel the current tax burden is "fair"?
I don't.
Digital Patriot
Apr 15 2003, 06:35 PM
I agree. It's not fair.
George Washington must be rolling over in his grave 'bout now :/
King of England imposed a tax on tea. To protest, we threw it overboard. Boston Tea Party.
If they thought that was unfair back then, they should see us now. Cig tax, hotel tax, sales tax, income tax, gas tax, beer tax, property tax, tax tax tax. It's enough to make one sick.
Like I've always said: the gov't needs to learn to spend the money they already have more effectively, rather than just create new sources of revenue
--cheers
fisherman51
Apr 16 2003, 10:26 PM