My effective income tax rate in the US is around 33-34%.
This does not include Medicare and Social Security Tax.
I then pay a 7% state sales tax on every purchase.
I pay around 10,000 USD in property tax.
There are loads of other taxes for the county: trash, water, etc.
Capital gains and other investment tax.
In the end, I would estimate around 50% of my family’s earnings to go some form of tax.
bryan / Bryan
npub1dl…tfd8s
2023-02-17 22:54:01
in reply to nevent1q…8l64
Author Public Key
npub1dld9hn3gsgtkh7atl26s8gd49qfjjkpdw8ztap9mk4n7vhq60y0satfd8sPublished at
2023-02-17 22:54:01Event JSON
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"content": "My effective income tax rate in the US is around 33-34%.\n\nThis does not include Medicare and Social Security Tax.\n\nI then pay a 7% state sales tax on every purchase.\n\nI pay around 10,000 USD in property tax. \n\nThere are loads of other taxes for the county: trash, water, etc. \n\nCapital gains and other investment tax.\n\nIn the end, I would estimate around 50% of my family’s earnings to go some form of tax.",
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