Wednesday, April 6, 2016

Americans Will Pay More On Taxes In 2016 Than They Will Spend On Food, Clothing, And Housing

From Tax Foundation, "Tax Freedom Day 2016 is April 24" by Scott Greenberg:
In 2016, Americans will pay $3.34 trillion in federal taxes and $1.64 trillion in state and local taxes, for a total tax bill of $4.99 trillion, or 31 percent of national income.
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Source: Tax Foundation

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