Quantum Windbag
Gold Member
- May 9, 2010
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Don't worry though, every penny they steal from you is good for you.
Americans Pay More in Taxes than on Food, Clothing, and Housing Combined | Tax Foundation
Our annual Tax Freedom Day report finds that the nations Tax Freedom Day will come on April 21st this year, which is three days later than last year. The calendar measure represents how long Americans as a whole need to work in order to pay the nations tax burden.
The report estimates that Americans will pay about $4.5 trillion dollars in taxes of all kinds in 2014, with $3 trillion going to the federal government and $1.5 trillion dollars going to state and local governments. This is approximately 30.2 percent of the nations income paid in taxes.
In total, Americans will pay more in taxes in 2014 than on food, clothing, and shelter combined.
Americans Pay More in Taxes than on Food, Clothing, and Housing Combined | Tax Foundation