Depends on what you make, at the wage I make I pay 43% of it in taxes. Granted I manage to find some deductions but it's a lot of money.
43%, *** dude, I think that way too much, and your in FL right, and you don't pay state taxes, I think that's kinda out of range! And remember that Bush gave the big cut to Millionares, so that's why you are getting taxed up th e A. I'm in the lower braket so I always get everything back, and then some, it's like a second Christmas time on Refund time. cant wait, tools, necks, wood...
You too Wes, were are you guys filling taxes at, or you are making 100K a year in Texas! I don't go pass the 35K and always get about 5K back. And I pay about 3.7K during the year. You guys must be single with no dependeds
No I'm in Maryland, and as I said before, at what I make, my tax rate is 43%. I'm not going into how much I make (believe that shouldn't be discussed).
Don't know how it's done in Germany but here in the US, the more you make the greater the tax percentage. The offset is usually those that are in the high tax brackets also have the means for deductions (stocks, properties..etc).
Sorry for the thread hijack Dave, we've gone way sideways on this one.