In helping a young struggling American file income taxes,of $40,000 income, 1/4 was taken from his paycheck ($5500 Federal, $2535 Social Security Tax, $600 in Medicare tax, $1170 in State Income Tax). After all the other "dues" and healthcare insurance were deducted from the income, what was left was barely above $25,000. Rent, car payment, utilities, car insurance, license fees, school fees, telephone, and other "necessities" left the taxpayer with no money to buy clothes, or put aside for the future. What was really appalling was that when we added up all the municipal, state, federal, excise and other taxes that were paid in addition to the taxes withheld from the paycheck, (utility tax, phone taxes, sales taxes, etc) more than 50% of the total pay was paid out in taxes. What services has our local, state, and federal governments provided to this taxpayer to earn that money? How can he/she live the American dream? Doesn't qualify for assistance. Where's the better life?
2007-01-19
17:35:09
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12 answers
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asked by
MH/Citizens Protecting Rights!
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