Quote:
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Originally Posted by Platapus
Quote:
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Originally Posted by Happy Times
Quote:
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Originally Posted by Platapus
Here in Virginia I am paying about 60% of my total salary in Federal, State, County taxes.
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What? Taxes alone? We have a progressive taxation and with 60,000$ you would pay some 30%. |
Are you counting all your taxes or just federal income tax?
I interpreted the question to include all monies the governments take out of my pay.
I also earn more then 60K. |
This exsample has all national and county taxes. There are goverment retirement and unemployment insurances also but it doesnt change the figure much, it stays between 30-40%.
This exsample doesnt include other incomes besides salary.