The federal taxable rate for my bracket is 28% and the GA rate is 6%. This is Income tax only.
Add in FICA, and the rate rises to around 45%. Add my employer’s FICA payment, and you’re looking at an effective tax rate of around 50%.
Most Americans are so stupid, they don’t even look at their payroll stub and get a calculator.
I personally believe that US Americans are unable to do so, because some people out there in our nation don’t have calculators and I believe that our education, such as like South Africa and the Iraq and every where like such as and I believe that they should, uh, our education over here in the US should help the US, should help South Africa, and should help the Iraq and the Asian countries. So we will be able to build up our future.