First day back at work of the New Year. Only 5 ½ months until the money I earn is mine.
And in exchange for my labor? I get to lose my rights and my consumer protections, give huge handouts to the scummiest corporations on Earth, have Arabs murdered in my name, and provide lofty salaries, healthcare and airfare to the bastards responsible for this mess.
Ain’t it grand to be an American?
6 Comments
this seems to be misleading because a large amount of taxes are paid by the wealthiest 1% of the population as they own much of the US wealth and earn a shockingly high percentage of the income.
In 2006, the median annual household income according to the US Census Bureau was determined to be $48,201.00. That would put the household in the 25% tax bracket, meaning the first $7550 is taxed at 0%, the next 23,100 at 15%, and the last $17,551 at 25%. That is $7,853 in taxes which works out to 16.3%. At that rate it takes the average American 59.5 days to earn enough to pay their annual taxes. This leaves about 305 days for earning post-tax income. It seems a pretty fair price for living in a civilized society. That said, let’s half defense spending and only take 50 days to pay off our taxes.
hey, it could take longer..
http://web.israelinsider.com/A...../11950.htm
what has two thumbs and just barely dents into a higher tax bracket?
this guuuuuy
Be glad; over here 73% of every Euro earned go to the state through taxes and mandatory insurances.
whine, whine , whine….. nice way to begin the New Year.. sets the tone..
“Only 5 ½ months until the money I earn is mine”?
Hey, it’s still yours, unless you think that the federal, state, and municipal governments are not `yours’ but are in some way `someone else’s’. Public roads belong to the public - and that includes you, fella. And at least in democratic societies and communities, they should be under the authority of the tax-paying public.
The firefighters who are paid by your taxes are employed by you and all of the other taxpayers. Same for the public school teachers, cops on the beat, subway conductors, 911 operators … Perhaps they skipped this in civics class?
That people too often just see taxes as “money being taken from me, that’s no longer `mine’,” is a problem, not an accurate assessment of what’s going on in terms of what taxes are, and what the public sector is. [The same problem, or a related one, is when union members only think of union membership as having to pay dues from your paycheck, not being part of and receiving the benefits of having a union represent you in collective bargaining (and more). But I digress.]
The public sector is the socialized sector, whether in capitalist USA or social-democratic Northern Europe. There’s nothing wrong with grousing, but you can be to easily lumped in with people who want to lower their taxes as a way of starving the public sector of resources, etc. Garden-variety right-of-center types, not libertarians with whom you’d want necessarily want to be associated. Yes?
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