Author Topic: Congratulations, America. You’ve finally worked long enough to pay your taxes fo  (Read 1094 times)

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Researchers calculate that it would take workers 114 days to make enough money to afford the total of $4.8 trillion in federal, state and local taxes they’ll owe this year. (That includes $3.3 trillion in federal taxes and $1.5 trillion in state and local taxes.)

This year’s tax bill adds up to 31 percent of total national income, more than Americans are expected to spend on housing, clothing and food combined, according to an estimate from the foundation.

more @
http://www.washingtonpost.com/news/get-there/wp/2015/04/24/congratulations-america-youve-finally-worked-long-enough-to-pay-your-taxes-for-the-year/


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