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Only at the federal level, which is not the majority of taxes for most people. State taxes and local property tax are significantly higher than they used to be
by tharne 5y ago
Only at the federal level, which is not the majority of taxes for most people. State taxes and local property tax are significantly higher than they used to be in most places in the U.S. Other things like sales tax, fees, permits, fines, etc. have all likewise increased substantially.
- evan_ 5y agobut have state and local taxes gone up enough that they've counteracted the drop in federal taxes?
- tharne 5y agoIn my case, yes, though obviously that depends on where you live. You can also make the argument that it's better to have low federal taxes and high state and local taxes than to have the reverse, since it's much easier to leave a high tax state or town than it is to immigrate to another country.
- shkkmo 5y ago> Only at the federal level, which is not the majority of taxes for most people. You are gonna have to cite some sources for this because my understanding is that total federal taxes is the majority of total taxes, if only by a slim margin.
- handrous 5y agoMy guess, without looking at the data, would be that this is one of those things that's true if you don't count FICA (i.e. Social Security + Medicare) as a tax, but false if you do count those as taxes.