alt Hacker NewsA family that makes 80k spends about
- 9400 on federal income taxes
- 12,000 on payroll taxes (including corp chunk b/c of economics)
- 3000-9000 on sales/property/stage income taxes
That's a pretty big chunk.
A family that makes 80k spends about
- 9400 on federal income taxes
- 12,000 on payroll taxes (including corp chunk b/c of economics)
- 3000-9000 on sales/property/stage income taxes
That's a pretty big chunk.
I guess I don't really count payroll taxes since it's not a line item in my budget. Anyway, that's certainly a bigger chunk than I was envisioning.