I preface this article by saying that I'm not a complete libertarian!
Just sharing how the TAX system works!
Let`s take a regular workday in Massachusetts.
hours - 8
Minimum wage - $12
Total = $96 a day!
Just the Tax on your check is 33%
That leaves you with $64
That means you paid your TAX
And now it comes you worked for $8 an hour!
That`s starting making any sense to you?
Now you have to get to work and from work to home!
Let`s say your car is 15/Miles to a Gallon gas!
You work 30 miles from home!
That`s 4 Gallons of gas right there!
Jan. 09-Jan. 15, 2019
Price per Gallon in MA - $2.482
Don`t worry TAX is here too.
26.54c/gallon
You gonna need 5 Gallons to get to work and back!
What makes an extra $12.41 out of your pocket!
Over 10 %
And again a $1.31 in TAX
And after paying this
You realized you when to work for $6.49/h
You can be happy and bring $51.91 home.
Except!
Your favorite morning coffee!
I`m gonna use Average of $3.5
Many people will spend more!
Don`t forget your tax!
Another 0.2275
Let`s get to Lunchtime!
Italian B.M.T. Footlong $6.75
Cold soda $2.25
That gets you up to $9
Tax 20% - $1.8
That get`s you up to $10.80
Let`s hope you are not from people addicted to tobacco.
Average Cost Per Pack - $9.08
Tax -$3.51
Only for the people that need a drink after work
2 beers after work $10 + $2 tip
In that case, you gonna take home:
$10.04 and you gonna be paid more than $38.54 in TAXES
And that so far was if you don`t pay rent or and without any dinner expenses.
Let`s see it from a different perspective you have to pay rent and bring dinner to the table at home
I`m gonna use, for example, the cheapest possible option!
I`m gonna take in consideration $1500 monthly rent for a studio or 2 bedroom apartment.
And how I said I`m taking into consideration the minimum!
That`s 2 times less than the current average market value!
What does that mean for you?
For 1 person living in a room of a house is gonna cost on minimum $750 a month.
So now if the house valued at $200,000
And the owner pays $3000 in tax
And how it looks you have $4 a day TAX for that you sleep somewhere!
Let`s say you own an old car!
And you`re just paying insurance!
In many cases, you gonna pay town tax+ parking or something else.
I asked my friend about that she said $63 a month for an old Honda she drives.
That brings you to a $-1.07 at the end of your day!
Paid in TAX $41 just for that I mention!
From your $96 hard made money!
Just that`s nearly 40% TAX on your daily income in tax!
Resteemit if you like to to show more people where their hard made money are going!
Thanks to everyone who sticks to the end!
I really put a lof time and research into that post I hope the community goona appreciate it the proper way!
There is nothing better the inside peace!
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