Americans spend more money on taxes than food, clothing, and shelter combinedI can speak from experi
Americans spend more money on taxes than food, clothing, and shelter combinedI can speak from experience having lived in the Washington, D.C. metro area for a few years. I generally can get by making ~$15 an hour but then Uncle Sam comes along to take his 33%. Factor in federal income, state income, state sales, state property, gas, and sin taxes and my effective tax rate is >30%. That’s making a meager $30,000 a year (pre-tax). The government comes along and taxes me INTO poverty. -- source link
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