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Old 03-25-2010, 01:19 PM
jetflyer jetflyer is offline
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Default Its another way of looking at it

Some people say US has lower taxes compared to other countries, thats because they do not count SS + Medicare as part ot Tax, which in my opinion should be included as tax/liability.
If so, we pay (per say) 25% tax, it is actually 25+7.65+7.65 = 40.3% tax. On top, add your state tax, which in my case is 5.75%, so all together 46.05% is my tax.

It is like you order pizza and you pay separate for crust + sauce + cheese + toppings.

Last edited by jetflyer; 03-25-2010 at 01:43 PM.
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