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Posted: 8/16/2007 10:22:48 AM EDT
Look past the marginal tax rate you pay for Federal taxes. Property taxes, sales taxes, auto taxes, taxes on utility bills...

Has anyone calculated what actual percentage of gross income an average individual pays in various taxes?
Link Posted: 8/16/2007 10:23:57 AM EDT
seems like about 50%
Link Posted: 8/16/2007 10:25:14 AM EDT

don't know exactly, but i remember hearing that the average homeowner in the US pays roughly 60% of all income into taxes.

i don't know how close that figure is, but it sure feels like it's close if not a little low.

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