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Politics : American Presidential Politics and foreign affairs
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To: Jim S who wrote (27590)4/9/2008 12:48:53 PM
From: Peter Dierks  Read Replies (1) of 71588
 
Contemplate our very taxed state of being:

Employment tax:               15.3% (half paid by employer)
Income Tax - Federal          19%   (average - your figure)
Income Tax - state             5%   (WAG)
Real Estate Taxes              5%   (WAG)
Sales Taxes                    6%   (average -  WAG)
passed through business taxes  2%   (WAG)
                              ----
                             >52%


For Average Americans roughly half our wages go to pay taxes.
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