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Old 05-31-2011, 08:12 AM
 
Location: Hermoso y tranquilo Panamá
11,874 posts, read 11,065,166 times
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Good morning everyone and I hope you had a great holiday weekend
Looks like today is back to work for a lot of folks, but the good news is we’re starting the workweek on a Tuesday
Before you head out the door . . . . Didja Know?
The average US worker toils for two hours and 47 minutes of each working day just to pay income tax.
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Old 05-31-2011, 08:37 AM
Gue
 
24,118 posts, read 10,162,711 times
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Hope some of us are doing that on C-D!
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Old 05-31-2011, 08:48 AM
 
Location: NW Indiana
44,409 posts, read 20,147,006 times
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Quote:
Originally Posted by JustJoy View Post
Didja Know?
The average US worker toils for two hours and 47 minutes of each working day just to pay income tax.
I feel so blessed to have a job these days, that the income tax rate doesn't bother me - much!
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Old 05-31-2011, 09:49 AM
 
28,803 posts, read 47,812,569 times
Reputation: 37907
It could be worse...

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Old 05-31-2011, 09:52 AM
 
Location: grooving in the city
7,371 posts, read 6,843,255 times
Reputation: 23537
Don't even get me going on thisCanada is a wonderful country, but we are definitely a welfare haven for those who do not want to work.
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Old 05-31-2011, 01:01 PM
 
Location: Abilene, Texas
8,746 posts, read 9,053,002 times
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I didn't know it, but it doesn't surprise me!
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Old 05-31-2011, 02:08 PM
 
Location: Neither here nor there
14,810 posts, read 16,239,143 times
Reputation: 33001
I thought Tax Freedom Day was sometime in May. That's about 35-40%, isn't it?
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Old 05-31-2011, 02:39 PM
 
25,080 posts, read 16,355,572 times
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Hey Joy that is a particularly interesting factoid. I didn't know it but I am surprised that is all we have to pay to work. Maybe more folk will think about that come voting time again... the rich get a tax breaks and huge incentives that of course trickles down to poor while the average joe is paying 1/3 of the fruits of his work day to Uncle Sam/the rich for the pleasure. I sound cynic... Well smile and keep it moving
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Old 05-31-2011, 04:17 PM
 
Location: The Wild Wild West
44,689 posts, read 61,837,844 times
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I just read where the first 99 days of the work year of what you make is taxes. Then when you add up all the other taxes you pay out for living expenses it runs from 47% to 65% depending on your lifestyle.
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Old 05-31-2011, 04:44 PM
 
25,080 posts, read 16,355,572 times
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Quote:
Originally Posted by nitram View Post
I just read where the first 99 days of the work year of what you make is taxes. Then when you add up all the other taxes you pay out for living expenses it runs from 47% to 65% depending on your lifestyle.
Wow that is allot cabbage, shouldn't we all be fully insured and living better People keep talking about how bad big government is. I just wonder percentage wise what the numbers are when u take into consideration the total population today verses what it was when government was "small" I guess it takes more government today than it did back then. It's just too bad the people are not getting more bang for their buck
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