Quote:
Originally Posted by theking
...before you become very disgruntled. I think the current maximum rate is 35 or 36%.
|
The problem is that income tax only touches the surface of it. You still have state income tax (if your state has that) sales tax (again if you have it) property tax, a lot things like booze, cigarettes, gas and other products are taxed, local city tax, library and public transport taxes and luxury taxes. I'm sure I'm missing some too.
As for how much I am willing to pay....I guess it depends. If the government guaranteed me that I would have high quality healthcare, a good retirement and they would have a government that worked well and actually listened to the people I would be willing to pay more. Since that is not going to happen I would say I would rather pay as little as possible.