Posted by baseball55 on April 10, 2014, at 20:23:41
In reply to Re: taxes » Phillipa, posted by gadchik on April 10, 2014, at 11:06:40
> I wish I knew,many of them pay a lot of child support, and they don't make a lot of $, so I guess they get many deductions, etc.
A lot of people over-withhold because they like that lump sum refund. It's a kind of forced savings.
Also, 20% isn't much, when you think about it. Gets you defense, highways, medical research and product safety, health insurance for the old, the poor, the disabled and, now with Obamacare, people with low to moderate incomes - etc., etc.
In many European coutries, people pay up to half their incomes in taxes. Of course, they get a lot in return - free higher ed, free health care, free transportation, free childcare, etc, etc.
What's frustrating about paying taxes in the US is that a lot of the programs that taxes fund are available only to the poor, the disabled or the elderly.
poster:baseball55
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