Job Recruitment Website - Property management company - How much tax do Americans have to pay in their lifetime?

How much tax do Americans have to pay in their lifetime?

According to the statistics of "American Tax Foundation", 99 days of American income is used to pay various taxes to governments at all levels, and various taxes account for 26.9% of the total annual income. The simplest way to make the government spend less money is to increase taxes, and the two taxes that people pay the most to the government are personal income tax and payroll tax (also known as social security tax and medical care tax).

Let's look at the details of the taxes that American families have to pay to the government. The first is personal income tax, which is the most basic and highest proportion of taxes paid by Americans. Personal income tax is divided into federal and state, and individual cities also levy personal income tax on residents. The taxes paid by Americans to the government are equivalent to working for Uncle Sam for 99 days, of which personal income tax is equivalent to working for Uncle Sam for 32 days, and social insurance tax (including social security tax and medical insurance tax) is equivalent to working for Uncle Sam for 25 days.

American consumers have to pay sales tax on all kinds of goods, food in restaurants and all kinds of alcohol, which is not good for the economy. In some states, the sales tax has reached 9.75%, which means that for every $65,438+00 of goods purchased, they have to pay an extra $65,438+0 to the government. The average annual sales tax paid by Americans is equivalent to working for "Uncle Sam" 15 days. It's good to own a house, but the real estate tax can't escape. The average annual real estate tax paid by Americans is equivalent to "Uncle Sam"' s voluntary work 12 days. Many Americans run their own companies. It is the easiest thing for an individual to start a company in America. Tens of dollars to register a company and be your own boss. Whether a company can make money depends on its ability. Once it makes money, "Uncle Sam" will not stand idly by. The average annual corporate income tax paid by Americans is equivalent to working for "Uncle Sam" for eight days. People have to pay taxes when they are alive, and rich people have to pay taxes when they die. The inheritance tax rate in America is very high. Of course, the inheritance tax is mainly aimed at the rich, and ordinary people don't have much legacy for future generations. Therefore, the average American does not spend much time working for "Uncle Sam" in paying inheritance tax, with an average of 12 hours. Of course, there are some miscellaneous taxes that ordinary people have to pay, which add up to "Uncle Sam"' s six-day voluntary work.

The average American family pays personal income tax to the state government, which is equivalent to working for the state-level "Uncle Sam" for eight days a year. Paying social insurance tax is equivalent to working for state-level uncle Sam 12 hours, paying business tax is equivalent to working for state-level uncle Sam 12 days, paying real estate tax is equivalent to working for county-level uncle Sam 12 days, and paying corporate income tax every year is equivalent to working for county-level uncle Sam for 49 hours.

As can be seen from the above data, the taxes collected by the US federal government from the people mainly fall into three aspects, including personal income tax, social security tax and enterprise income tax. The taxes collected by the state and local governments mainly focus on three aspects, namely, personal income tax, sales tax and real estate tax.

On average, American families pay taxes to the government every year, which accounts for about 29% of family income. It can also be said that "Uncle Sam" works as a volunteer for one year 105 days. Among all kinds of taxes levied by the US government, there is no threshold for personal income tax. For example, a monthly income of $65,438+0,000 is taxable. Personal income tax is mainly based on family income and population, excluding tax exemption and tax credit, and then levied at the tax rate. Low-and middle-income families and families with many children usually enjoy government tax incentives.

According to the statistics of the IRS, in 2007, the top 1% people in the United States paid 40.42% of the total personal income tax collected by the federal government. The top 5% people with the highest annual income paid 60.63% of the total personal income tax collected by the federal government. The top 10% population with the highest annual income accounts for 7 1.22% of the total federal personal income tax. Personal income tax of the top 25% people with the highest annual income accounts for 86.59% of the total personal income tax collected by the federal government. As can be seen from the above data, the middle class and high-income families are the main sources of personal income tax of the US government, and more than 80% of personal income tax in the United States comes from the richest and high-income families, which account for a quarter of the total number of American families.

Let's take a look at the distribution of various taxes paid by American families in an average year. According to the proportion of American families paying various taxes to the government every year, it accounts for about 29% of family income. First of all, look at the tax that a family has to pay to the federal government within one year. Salary tax (social security premium tax and medical insurance tax) is $7,069, personal income tax is $7,062, corporate income tax is $2 155, inheritance tax is $2 17, gasoline franchise tax is $2 13, customs duty is $205, air transportation franchise tax is $ kloc-0/07, and telephone franchise tax is.