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Name: jammin
E-Mail:
Subject: RE: RE: A little off topic
Date: Tuesday, December 22, 2009
Time: 5:46:46 AM
Remote Address: 66.61.39.215
Message ID: 250165
Parent ID: 250164
Thread ID: 250085
You pay 13% in taxes?!?!?!?! Do you guys have a VAT? A sales tax?
Between federal, state, local and property taxes, I paid 21% of my 'adjusted gross income' last year in taxes.
If you use 'taxable income' as the denominator in this equation (which is AGI minus allowable deductions), I paid over 30% in taxes.
Which doesn't include a 7% sales tax on nearly everything I purchased (food bought at the grocery store is exempted from taxation).
My health insurance premiums are roughly $160 per month. That's for a family of five. I get it through my employer. A friend of mine who is self-employed pays $800 a month.
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