Government Will Take Almost Half Your Paycheck in 2013

[SniperFire]

Entitlements consume every penny of taxes received in short order:

 

[Liberal]

The rates you posted are lies for the average person. A 28% effective tax rate for federal income taxes is for the highest income earners.

Please pay attention.

I was posting that photo, which came from the OP (first post) of this thread.

I was using it to illustrate that my opinion on paying taxes for various city/state services, to contradict what Newby said.

I couldn't agree more, the info supplied in that image is crap... But, what else can be expected from a Heritage.org propaganda poster?

 

[Star]

I fucked up too. I paid 37% of my income to federal/state/city taxes alone. Sorry about that.

Now lets add in the payroll tax of 7.65%

I'm now paying 44.65% and i haven't even bought anything yet.

Just did a little quick math on the fly so check my math -- are you saying you paid approximately 2,000% more in payroll taxes than Romney? I wonder how much lower your rate would be if high income types like Romney were paying the same percentage as you?

 

[NYcarbineer]

Indeed it is!

Perhaps I can direct your attention to the image that the OP posted:

Strange, it seems to mention something.. Something about Federal, Local taxes combined.

See, I just proved the relevance of my post.

The rates you posted are lies for the average person. A 28% effective tax rate for federal income taxes is for the highest income earners.

No, it is not. The brackets are as follows.:

Tax Rate Single Married, Filing Jointly Married, Filing Separately Head of Household
10% $0 – $8,700 $0 – $17,400 $0 – $8,700 $0 – $12,400
15% $8,700 – $35,350 $17,400 – $70,700 $8,700 – $35,350 $12,400 – $47,350
25% $35,350 – $85,650 $70,700 – $142,700 $35,350 – $71,350 $47,350 - $122,300
28% $85,650 – $178,650 $142,700 – 217,450 $71,350 – $108,725 $122,300 – $198,050
33% $178,650 – $388,350 $217,450 – $388,350 $108,725 – $194,175 $198,050 – $388,350
35% Over $388,350 Over $388,350 Over $194,175 Over $388,350



This is for 2012, sso make the adjustment for 2013. Which is the charts point. But again, LOLberals are not good at math or economics.

The chart says that everyone pays 28% of their total income in federal income taxes.

That is an outright lie for almost every American.

First of all, don't you righties love to rant about the 47% of households who pay ZERO federal income taxes?

What's the difference between 28% and ZERO?????????

 

[NYcarbineer]

The rates you posted are lies for the average person. A 28% effective tax rate for federal income taxes is for the highest income earners.

Please pay attention.

I was posting that photo, which came from the OP (first post) of this thread.

I was using it to illustrate that my opinion on paying taxes for various city/state services, to contradict what Newby said.

I couldn't agree more, the info supplied in that image is crap... But, what else can be expected from a Heritage.org propaganda poster?

I've proven the OP is lying. That's all I can do.

 

[Jroc]

Government has always taken close to half your paycheck.

And yet somehow we've managed to survive.

We have a 1.3 trillion dollar defict We are not surviving much longer with that.

No, we will have to raise taxes which has been done in the past when taxes are cut, then fees and taxes in other areas are raised or new ones implemented.
Reagan raised taxes 11 times to offset his tax cuts and military spending which increase 4 fold. Clinton raised them and so did Bush jr, he raised fees mostly.
If Congress does not act on the Bush era tax cuts then we shall see taxes raised and 1 trillion in budget cuts.

Hey idiot we need tax reform which will bring in more tax revenue tax increases won't raise anything, tax reform and entitlement reform which will lead to economic growth WE ARE SPENDING TOO MUCH MONEY!!