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Quote by: Mia  In the US a person would pay about 40% in Federal taxes, Social Security, etc. That's before any property taxes, sales taxes, automobile taxes, licenses,,,,,,I think we're getting robbed :-(. We don't even get health care out of that.
Oh yeah, defense, We get that. And seem to share it with other nations. Again, robbed. |
Where you get that 40%? SS tax is about 7.5% for emloyee's portion. You're supposed to benefit from it (at least in theory) when you retire. That's why I didn't include it in my first post. And my state doesn't have state income tax.
But you're right. For all the taxes we pay, for most of us we don't even get healthcare out of it (unlike our northern neighbor).