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Doug Miller Doug Miller is offline
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In article , Swingman wrote:

In Texas for 2009 (according to taxfoundation.org) the total federal,
state and local tax rate paid on a per capita income of $40,498 was
22.9%. (15% federal, 7.9% state and local)


And I'll bet that takes into account *only* direct taxes on income, and leaves
out...
- Federal excise tax on tires, motor vehicle fuel, tobacco, alcoholic
beverages, etc.
- state excise taxes on same
- Federal excise tax on telephone service
- state and local sales taxes
- state and local property taxes
- state and Federal corporate income taxes. Yes, that's right, business taxes.
Corporations don't pay taxes. Their *customers* do. Whatever percentage of its
gross revenue WalMart pays in corporate income tax, that's how many pennies of
every dollar you spend there constitute an additional, hidden, tax payment.
- the "employer's share" of the FICA tax. See above; the employer doesn't pay
that, the employees and/or the customers do.
- other business taxes such as workmen's compensation and unemployment. Again,
businesses don't pay those either, their customers do.