|
|
Tax In the U.S.A. - 6+ Months to Government
The following is an example of an actual individual's tax rate. The
graphic artist's salary was $45K, effectively $48K when you add the extra
charges from the government. For more than six months of the year she
effectively worked for the state - politicians who represent maybe 20% of the
populous, if they are lucky, then decided what to do with more than six months
of her labor.
|
CALCULATING REAL TAX
RATES |
Annual |
Monthly |
|
Gross Employee Pay |
$ 48,443
|
$ 4,037
|
|
Salary |
$ 45,000 |
$ 3,750 |
|
Federal Withholding Tax |
$ 8,184 |
$ 682 |
|
Medicare Employee Tax |
$ 653 |
$ 54 |
|
Social Security Employee Tax |
$ 2,790 |
$ 233 |
|
CA
Withholding Tax |
$ 2,335 |
$ 195 |
|
CA
Disability Employee Tax |
$ 360 |
$ 30 |
|
TOTAL Withheld From
Employee |
$ 14,322
|
$ 1,193
|
|
Net Take Home Pay |
$ 30,678
|
$ 2,557
|
|
Federal Unemployment - Employer Tax |
$ - |
$ - |
|
Medicare Employer Tax |
$ 653 |
$ 54 |
|
Social Security Employer Tax |
$ 2,790 |
$ 233 |
|
CA
Unemployment Employer Tax |
$ - |
$ - |
|
TOTAL Employer Tax |
$ 3,443
|
$ 287
|
|
TOTAL Wages TAX |
$ 17,764 |
$ 1,480 |
|
Tax Rate On Wages |
37% |
37% |
|
|
|
|
|
Other Taxes |
|
|
|
8%
Sales Tax on 60% of Net Take-home Pay |
$ 1,473 |
$ 123 |
|
1%
Property Tax Ave Home Value of $500K |
$ 5,000 |
$ 417 |
|
Telephone Tax |
$ 230 |
$ 19 |
|
Road Tax |
$ 375 |
$ 31 |
|
Gas Tax |
$ 347 |
$ 29 |
|
Other Tax Total |
$ 7,425 |
$ 619 |
|
Tax Rate on Other Taxes |
15% |
15% |
|
TOTAL TAX |
$ 25,189 |
$ 2,099 |
|
Actual Total Tax Rate |
52% |
52% |
|
I.E. average citizen works
over 6 months of the year for the government |
NOTE: These calculations do not incorporate all the taxes and levies an
individual pays.
These factual calculations prove the U.S.A. is now a Socialist Nation.
More frightening is the realization that individuals who represent less than
20% of the populous
take and decide what to do with more than half of our income.
|
