Trump's Tax Plan

[Benton]

(09-28-2017, 02:24 PM)Luvnit2 Wrote: Add all taxes we pay

Federal
State
Local
Sales Taxes on food and goods
Social Security and medicare

Yep, we are one of highest taxed nations in the world

Eh, even all that together, off the top of my head, we still only have an individual liability of less than 27% (average because there's a lot of people who lave little to no tax liability). Most developed countries are about double that per person.

Now, I'll agree we have some higher personal income/corporate tax rates. But that's deceptive, as it doesn't take into accounts deductions, deferrals, etc. Plus, that's largely offset by much, much higher VAT or sales taxes in other countries.