Shocking; We spend more on taxes than food, housing and clothing combined (Reagan, gasoline)

[Roadking2003]

This helps put our humongous, out of control, tax and spend government in perspective.
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America will spend more on taxes in 2015 than on food, clothing, and housing combined. (Graph) | AgainstCronyCapitalism.org

[Finn_Jarber]

It means housing, food and clothing is affordable, and people are spending the rest of the money on something else. Hopefully they are saving too. Let's not pretend taxes are high, because they are not.

[The Dark Enlightenment]

Betcha that only applies to the top few percent of taxpayers. The average person doesn't pay anywhere near that much in taxes.

[saltine]

thankfully they havent taxed food yet... some have proposed this. Eggs and turkey are going up btw.

[Finn_Jarber]

Besides, the title is "America will spend more on taxes....", not "Americans". It compares the total tax revenue (including corporate) to the total which is spent on housing, food and clothing. A lot of the tax revenue is collected from entities who do not spend a dime on housing, food and clothing, so whole comparison is next to meaningless.

[Roadking2003]

Originally Posted by Finn_Jarber

It means housing, food and clothing is affordable, and people are spending the rest of the money on something else. Hopefully they are saving too. Let's not pretend taxes are high, because they are not.

Taxes are way beyond high. We surpassed high taxes 80 years ago.

[Roadking2003]

Originally Posted by The Dark Enlightenment

Betcha that only applies to the top few percent of taxpayers. The average person doesn't pay anywhere near that much in taxes.

The numbers are in total for all of us, not individually. Obviously, some people pay a lot more and some a lot less.

[Roadking2003]

Originally Posted by Finn_Jarber

Besides, the title is "America will spend more on taxes....", not "Americans". It compares the total tax revenue (including corporate) to the total which is spent on housing, food and clothing. A lot of the tax revenue is collected from entities who do not spend a dime on housing, food and clothing, so whole comparison is next to meaningless.

Not true at all. All taxes are paid for by consumers. Some, such as corporate taxes, are hidden but we pay them anyway. Sooner or later, consumers pay all taxes.

So the whole comparison is very meaningful. AMERICANS spend more on taxes than food, clothing and housing combined.

You can't deny the facts even though you love big government and high taxes.

[Finn_Jarber]

Originally Posted by Roadking2003

Taxes are way beyond high. We surpassed high taxes 80 years ago.

They are currently very low. Average effective tax rate (17.4%) is lowest in 30 years, which includes Reagan years.

"The average rate paid by all households for all federal taxes combined — including income taxes, payroll taxes, excise taxes (on such things as gasoline, tobacco and alcoholic beverages) and individuals’ share of corporate income taxes"

[shooting4life]

The average tax payer works the first 3 hours a day for the government.