Data Point – Tax Freedom Day

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That’s according to the Tax Foundation’s annual “Tax Freedom Day” report for 2019. In total, the report estimates, Americans will work for 105 days of the year to pay their collective $5.42 trillion tax bill—a figure equal to about 29% of Americans’ incomes.

On a per-worker basis, that $5.42 trillion works out to an average tax bill of $34,578, including $13,831 in federal, state, and local income taxes; $8,562 in payroll taxes; $4,940 in sales and excise taxes; $3,622 in property taxes; and $1,976 in estate and inheritance, customs duties, and other taxes; and $1,647 in corporate taxes. (Yes, people—not the buildings that house corporations—pay corporate taxes.)

And the median yearly income for a worker is about $32,000 / year.  And the Left believes that we aren’t taxed enough???

(H/T: The Daily Signal)

Author

  • Skip

    Co-founder of GraniteGrok, my concern is around Individual Liberty and Freedom and how the Government is taking that away. As an evangelical Christian and Conservative with small "L" libertarian leanings, my fight is with Progressives forcing a collectivized, secular humanistic future upon us. As a TEA Party activist, citizen journalist, and pundit!, my goal is to use the New Media to advance the radical notions of America's Founders back into our culture.

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