2010-03-22, 03:49 AM
Rick Wrote:Oh you mean income tax. I thought you meant the tax on goods.
Our taxes on sales vary by commodity type by state and county, often in an incremental way where each gets it's own share all the way down to the individual city in some cases. They're a torturous labyrinth of "who knows".
Federal is at least a little more clear, except those graphs are pre-medicare/medicaid, pre-fica, and pre-state tax so by the time you put it all together what started out a shiny 15% can run anywhere from 20% to 40%, easily.