Americans Complain About Taxes But These Countries Are Higher
Americans Complain About Their High Taxes But These 27 Countries Are The Highest In The World
Most Americans complain about their taxes. So much so, that it has become the unofficial national past time especially with tourists in Florida.
I once witnessed a fist fight break out between two meat heads over the subject. A guy from New York was upset with a guy from New Jersey claiming that he pays higher taxes. Next thing you know, it became “Fists of Fury” between two morbidly obese guys.
Americans who complain about high taxes are usually blue-collar types who religiously watch the talking boobs on Fox News. Fox News bombards their faithful with daily propaganda of how Americans pay the highest tax rates in the world. In actuality, we pay the lowest levels in the world.
Fox News owner Rupert Murdoch knows this is not true. He renounced his Australian citizenship and became an American citizen in 1985 in part to pay lower corporate taxes. He also wanted own TV stations in the U. S.
IRS data from the 2015 tax year shows a total of $1.454 trillion in income tax owed. This translates to an average effective federal income tax rate of about 13.5% per return.
A quick calculation shows that the average taxpayer owed $9,655 in income tax. Since the average taxpayer’s gross income was $71,258 for 2015, this translates to an effective federal income tax rate of 13.5%.
Read more at MFI-Miami
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