These are the federal excise taxes:
I’ve never seen a state breakdown.
From:
They are on top of sales taxes. The total tax on tobacco and liquor is higher than the sales tax.
Wait, what? There’s a tax in addition to sales tax on the sale of playing cards?
Does this include taxes on your phone bill and cable bill, etc?
If you truly want the average, it’s simple: Take the government’s total income, and divide that by the number of Americans, and that’s the average amount of tax each individual pays. For the average rate, take the income of the government, and divide that by the total earnings of all Americans.
Sure. I was thinking of road tolls and registration fees, but yours works too.
In some states. In Alabama there is, or at least was 20 years ago.
His point was that 47% of Americans pay no federal taxes. Which is stupid: a large number of that 47% have no income being children and retirees.
Thanks. I never heard of such a thing.
Do update your clichés.
Sweden has
0 % property tax for private housing
0 % tax on wealth
0 % tax on inheritance
0 % tax on gifts
I also wouldn’t call my country socialist: In the latest election the conservatives (think Tories) took control of the parliament in a coalition with the Christian Democrats, the Liberal party (not to be confused with the label liberal in the US,) and with the aid of the second largest party in Sweden: Swedish Democrats, who among other things, wants to:
Stop immigration, especially muslims.
Make immigrants return to their native countries
Deport family members of immigrant criminals (as well as the criminal, of course)
Lower the age for when children can be prosecuted to about 9 (it’s currently 15)
Forbid museums to show art that isn’t Swedish enough or just what they think is weird (they call it menstruation art)
And so on and so forth.
They campaigned with the slogan: Gör Sverige Bra Igen [Make Sweden Good Again, even our far right wingers aren’t as boastful as TFG]
Socialist. Nah.
Plural governments. Federal, state, county, town, village, city, school district, probably tribal I don’t know how that works.
(Also, some non-citizens who are only here temporarily – tourists etc. – pay some of those taxes; though I don’t know whether the number’s enough to affect your averaging technique much.)
Retirees have income and pay federal income taxes.
Depends. If I’m retired and spending my after tax money (or tax free like munis), and am waiting 'til 70 to take SS, I have no taxable income.
What percentage of retirees live only on after-tax money or munis? IME, most retirees have SS and possibly other retirement income sources, such as 401ks, pensions, interest income, etc. that is taxable.
They may not have enough such income for them to actually owe federal tax. Some portions of it are likely to be exempt.
Last year, 57% of American households paid no federal income tax, “due to Covid-relief funds, tax credits and stimulus.”
Point taken, but you can be Socialist in terms of running a welfare state even if you are xenophobic, and the welfare-state aspect is where the question of a higher tax burden arises.
Not all taxes are paid by individuals, and even if you say that taxes on corporations are ultimately paid by the customers, not all the customers are Americans even if the corporation is taxed here.
Right, but he said no income. Which isn’t likely, in 99% of all cases.
This would be an incorrect assumption, though. For tax year 2019, the IRS report on number of returns and sources of income by filing status (Excel file) shows 55 million returns filed by married couples and surviving spouses [hence around 130 million individuals], plus 21 million returns filed as head of household [unmarried but with one or more dependents] and 3.7 million returns filed as married filing separately; that equals about 153 million people. Meanwhile, about 77.6 million filed as single no dependents. People who are not single and/or do have dependents far outnumber single/no dependents.
Meanwhile, about a third of all income reported was not wage income, and in fact around a sixth of all returns reported zero income from salaries and wages.
The average total income for singles was $41,456; for married couples filing jointly $140,888; for heads of household, $44,210.