23rd February 2014
Read it.
A useful reference.
This entry was posted on Sunday, February 23rd, 2014 at 05:54 and is filed under Your tax dollars at work - and play..
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February 23rd, 2014 at 22:11
Not a useful reference. The rates don’t indicate how much a person ends up having to pay. With no income tax in Texas, one who earns a lot but doesn’t spend much would pay little in taxes. Also, what is the relative income in an area versus the amount sucked up by taxes. That would be useful.
While they are smaller, there are “special” taxes in some areas that can really screw you. NYC, for example, imposes it’s own income tax. NY has a mortgage tax that gets levied when you either take out or pay off a mortgage.
I would propose that the best tax health standard would be calculated by taking the total amount of money collected by all state and local tax entities divided into the total income of the portion of the population that does not work for the government.