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> you pay about 35% total of income in taxes. That's what's directly taken out of your check right? But how much more do you pay after that in other taxes? And
by ifyoubuildit 9mo ago
> you pay about 35% total of income in taxes.
That's what's directly taken out of your check right? But how much more do you pay after that in other taxes? And if you go even further, how much higher are the prices of everything that you purchase due to the various taxes involved in their production?
- rayiner 9mo agoOther major taxes are property taxes and sales taxes, which exist in other countries too and aren’t included in the calculation above.
- immibis 9mo agoWhat about health insurance and rent?
- senordevnyc 9mo agoYou pay sales tax, but it's less than VAT. You also pay property taxes if you own your home, but I'm guessing that's true in most places too.