Join Date: Jun 2004
Location: Kennesaw, GA, USA
Re: Interesting tax comparisons
Unfortunately taxes are only the tip of the iceberg, especially since the comparison only shows income tax and does not consider sales tax, and the myriad of other taxes.
Also the cost of vital items such as housing, food, transportation, etc... are not discussed in the chart, nor is the level of unemployment.
In addition we have to consider the cost of the war that is mostly borrowed and will have to be re-paid during the next few decades.
I think the question is not so much how much taxes are we paying now vs. before, but rather are we better or worse off in our finances, and will our children be better or worse off.
I have seen the decline in the school system in CA, as well as in public services. I am sure many other states are feeling the pinch.
How do we fix our economy? More taxes? Flat tax to replace income tax?
Gilles & Kathy
2011 Ostra Gray RT
06 Mercedes-Benz E350 Estate (parts and people hauler)
2012 BMW X3 (parts and people hauler)
86 Porsche 911 Cabriolet (my "new" baby)
For her I climbed the highest mountain!
For her I swam across the deepest ocean! For her I walked through the largest desert!
And then she left me... She said I was never home!!!
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