What is your "Tax plus Health Care" rate

[FreakinDJ]

I earn over $100K anually and my State and Fed combined tax rate after "Deductions" is 15%.

Additionally I pay Gas Taxes, on fuel to get to work, State sales tax on items I buy, goods and services such as Telecom. Basically every thing except food for an additional 5%

AND I pay $10,000.00 per year in Health Insurance cost

Bring the GRAND TOTAL to 27 -28% of my total income

[snot]

1. This is a good way to look at/talk about it when comparing our system to other nations.'

[FreakinDJ]

7. then we would have to include Education cost

20,000 per year for my Mensa level intelligence, "I want to be a Mechanical Engineer" son

[mainer]

2. 60% plus

50% state + federal + self-employment (SS, including Medicare tax)

plus property tax
plus health insurance
plus the taxes you mention

I would be much happier about this if my taxes would at least cover health care. Because a lot of my frantic work ethic is all about not being bankrupted by a medical catastrophe.

[FreakinDJ]

5. Good point - I forgot to add property taxes

that will put me right at 30% Tax/Health Care rate

[handmade34]

3. my health insurance costs alone

were 50%, until I said enough is enough 2 years ago... no health care coverage but now my rate is closer to 24% including all taxes

[guitar man]

4. 39%

I make $34k a year, pay $6k+ in health premiums, about 17% in fed and state taxes and our local sales tax rates run between 8-10% depending on what town I happen to be spending money in.

I dropped health coverage for next year, I just can't afford it anymore. It's been eating us alive with the increases over the last 3 years.

[PA Democrat]

6. Around 50%

Self-employment tax and health insurance extortion payment are killers. Oh, and did I mention that we have a $5,000 deductible on our health insurance?

But damn it all if the wealthiest don't get their tax breaks continued. The poor bastards are definitely over-taxed!:mad:

[Luminous Animal]

8. Are you adding SS & Medicare?

If so, you must have a lot of deductions and your tax rate is comfortably low.

[FreakinDJ]

9. No I missed that - very good point - 35% Tax + Health Ins.

That would put me up in the 35% Tax / Health Ins.

[mainer]

10. When you add it up, we're not as undertaxed as some think we are

And under-65 people don't even get health care.