How much we pay in TAX breakdown!

in #news6 years ago

I preface this article by saying that I'm not a complete libertarian!
Just sharing how the TAX system works!

Let`s take a regular workday in Massachusetts.
hours - 8
Minimum wage - $12
Total = $96 a day!
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Just the Tax on your check is 33%
That leaves you with $64
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That means you paid your TAX
And now it comes you worked for $8 an hour!
That`s starting making any sense to you?
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Now you have to get to work and from work to home!
Let`s say your car is 15/Miles to a Gallon gas!
You work 30 miles from home!

That`s 4 Gallons of gas right there!

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Jan. 09-Jan. 15, 2019
Price per Gallon in MA - $2.482

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Don`t worry TAX is here too.
26.54c/gallon
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You gonna need 5 Gallons to get to work and back!
What makes an extra $12.41 out of your pocket!
Over 10 %
And again a $1.31 in TAX
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And after paying this
You realized you when to work for $6.49/h

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You can be happy and bring $51.91 home.
Except!
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Your favorite morning coffee!
I`m gonna use Average of $3.5
Many people will spend more!
coffee.jpg

Don`t forget your tax!
Another 0.2275
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Let`s get to Lunchtime!

Italian B.M.T. Footlong $6.75
Cold soda $2.25
That gets you up to $9
Tax 20% - $1.8
That get`s you up to $10.80
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Let`s hope you are not from people addicted to tobacco.
Average Cost Per Pack - $9.08
Tax -$3.51
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Only for the people that need a drink after work
2 beers after work $10 + $2 tip
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In that case, you gonna take home:
$10.04 and you gonna be paid more than $38.54 in TAXES
And that so far was if you don`t pay rent or and without any dinner expenses.
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Let`s see it from a different perspective you have to pay rent and bring dinner to the table at home
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I`m gonna use, for example, the cheapest possible option!

I`m gonna take in consideration $1500 monthly rent for a studio or 2 bedroom apartment.
market (2).jpg

And how I said I`m taking into consideration the minimum!

That`s 2 times less than the current average market value!
What does that mean for you?

market 2.jpg

For 1 person living in a room of a house is gonna cost on minimum $750 a month.
So now if the house valued at $200,000
And the owner pays $3000 in tax

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And how it looks you have $4 a day TAX for that you sleep somewhere!

rent tax.jpg
Let`s say you own an old car!

And you`re just paying insurance!

In many cases, you gonna pay town tax+ parking or something else.
I asked my friend about that she said $63 a month for an old Honda she drives.
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That brings you to a $-1.07 at the end of your day!
Paid in TAX $41 just for that I mention!
From your $96 hard made money!
Just that`s nearly 40% TAX on your daily income in tax!

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Resteemit if you like to to show more people where their hard made money are going!

Thanks to everyone who sticks to the end!
I really put a lof time and research into that post I hope the community goona appreciate it the proper way!

There is nothing better the inside peace!
For people interested in fitness, yoga, calisthenics, and diets you can check my profile @calisthenicsdrop
meditation (2).jpg

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