Quote:
Originally Posted by flstf
I also think that the poor and middle class pay a lot higher percentage of their income in taxes than most people realize, higher even than most wealthy do, simply because of the hidden taxes in most goods and services of which they must spend a larger portion on their income on. I don't think the sources included everything and the hidden taxes are even higher than those shown below.
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Most don't realize how much they are being taxed. Some actually think they are doing good when they get a "refund" after filing.
I remember my first bitter taste with taxes. I worked a summer construction job as a teenager. I worked two weeks straight 12 hour days. I thought my check was going to be a monster. About half of all the extra time went to taxes. I was saving for the next school year at college. What the government was really telling me was to hang-out, and then apply for aid and student loan, and that I was an idiot for trying to work and save.