It varies widely by geography (to say nothing of factors like having kids or owning a home). Something like 18% for income and wage taxes for all levels is the average. Higher for an income like yours.
And healthcare is hard to calculate since it lowers wages as an employment benefit. But ignoring that, something like $3500/yr.
Depends on what you mean by “you”.
Which means that by Scandinavian standards, you pay a ridiculously low amount of taxes. The sum of my wife’s & my gross income is pretty close to that of the retired couple in the WSJ graphics (about half from each of us), which puts us slightly above the national median. My personal income tax rate is 37%, and we pay 25% sales tax.
'scuse me for not feeling the same outrage that the WSJ feels.
[Obligatory nit-pick]
It was Obelix, not Asterix, who always said that.
[/Obligatory nit-pick]
Hey, WSJ! If any of those sad-faced employed whiners can’t face another day of paying the taxes on their incomes, can I boot their entitled butts to the curb & take their job?
What, the answer is no…? Oh. Tell me, why is that again?
The average single filer makes $19,500. I don’t know how it breaks down for men vs women though but men on average make more than women so adjust that $19,500 downward.
I noticed that they were retirees living on investment income first, but yeah, there are some weird stereotypes playing out on the infographic. Mind you, none of those people are “poor” or even “middle class”, especially as portrayed by the stuff that they choose to wear and dress their children in. (This is based on American standards in my area [Florida]; YMMV.)
The WSJ is a newspaper that’s fiscally pretty conservative, so any sort of increased taxation is considered horrible, etc. Anyone who isn’t in the demographic that the paper is aimed at shouldn’t feel pity for any of those folks, as they are more likely to be planted in a seat closer to reality.
No. No snark here, either. The answer is no. I don’t have any idea how much people in other countries pay in taxes. Worse, I don’t have any idea how much I pay in taxes. I know if I bill about $2000 worth of work, I’ll see a check that’s around $1600, but I don’t ever remember which parts of that are taxes, which social security, etc. I just deposit the check, pay my rent, and laugh whenever someone mentions that I should have 3 years worth of income in the bank by my age.
I fail at being a grownup.
Or more - to put my Aunt on my Uncle’s insurance coverage would cost about $10,000 a year.
Or if you like you can pay my mother’s health insurance bill, $3500 a month. That’s what you get for being a cancer survivor.
Capt