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American Tax Burden

Sunday, January 27, 2013

Poll: Are Your Taxes Too High?

Tax season begins Jan. 30 and the filing deadline is April 15.

The IRS has pushed the start of tax filing season back to Jan. 30. Federal income taxes represent only a portion of the tax liability Americans face. There's state income taxes, local property taxes and sales tax. Not to mention fees – like renewing your vehicle registration – that really are taxes. And of course, there are the taxes we pay before we receive our pay checks: Payroll taxes that support programs such as Social Security and Medicare. Earlier this year, most Americans were spared a federal income tax rate increase when President Obama and Congress struck a deal on the fiscal cliff. The tax rate on income earned above $450,000 did rise from 35 percent to 39.6 percent. Despite the deal, most every American saw payroll taxes rise…

Jim Osburn

12:15 pm on Thursday, January 31, 2013

Buceph, true, but on the other hand a natural turf field is more ecologically sound and money could be earned by renting it out for pasture. This would provide more locally grown food and make the soccer games much more interesting to watch as the kids dogdge the livestock and their droppings..   more ›

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