Including property taxes, sales taxes, gas taxes, Income Taxes, SS, Medicare, What % of your money goes to DC ? -

Well, not just DC, because State income taxes stay, and much sales tax stays in local Communities What in you best estimate is the percentage of the money you earn that goes straight back to Government|::::|All taxes considered, about 50%. That s incredible and many people never stop to think about it. We just received a letter today telling us that even though our property value has dropped 30%, our taxes will only drop $5 a month due to higher taxes. *Sigh*|::::|Federal income taxes: Most Americans, I believe, are in the 15% tax bracket so I ll go with that. Payroll tax: 7.65%(your portion) Payroll tax: 7.65%(employers match) Taxes included in the price of goods and services(because corporations don t pay taxes they pass them on to us): about 22% That s just the beginning and that s just federal taxes. Remember the more they take in D.C., that s less that is available to the state and local governments. They then raise taxes to cover their shortages. Can anybody say TAX REFORM? SAY IT NOW, SAY IT LOUD!!! And while you re saying that add in PASS THE FAIR TAX NOW!!!|::::|Probably 40% to half. And I have absolutely no problem with that. I enjoy clean water, paved roads, electricity, public schools, and a social safety net for the less fortunate. EDIT: And based on the thumbs down, apparently quite a few people on Y! Answers think that those things just fall magically from the sky.|::::|I lose 33% of what I make. After that there s real estate tax s on my property . Then there s sales tax on anything I buy. Then I have to pay tax s on anything I sell. Then there s licenses on cars , boats and motorcycles. It seems to go on and on.|::::|property taxes go to the local and state governments unlike the federal income tax.|::::|Since the advent of the Federal Reserve Bank (1913) I d say 100% of my money goes to the government...but I may just be picking nits here...|::::|32%|::::|About 50%, soon to rise to 75%.|::::|i would assume on average close to 50-60%|::::|they take $100 out of my check for every $500 i make...roughly. so about 20%