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Old 09-14-2011, 11:59 PM   #28 (permalink)
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Originally Posted by Old Mechanic View Post
If you pay 100% of your earnings to the various taxes until the end of July, every year, then you are paying 7/12ths of your income in taxes of the various sorts.
I don't know about that. I've never worked it out in detail, but I don't think I pay anywhere near that much. But of course I don't live a conventional lifestyle, so miss some of the taxes that hit those that spend every last dime.

You know, though, it's not the paying that I mind nearly so much as what gets done (or in the case of things like education, not done) with the money.
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