Our tax burden

Posted on April 15, 2008 | Comments Off on Our tax burden

For the feds it was 12.72 percent. For state and local, via real estate and estimated sales taxes, it was almost 10 percent. That’s roughly what some others pay in state income taxes, which pols here like to crow that we don’t have. But they do find ways to make up for it. Sadly, we will not be getting a federal refund this year. But all-in-all, I think we’re getting off light.

This entry was posted in Rancho Roly Poly, Scribbles and tagged , , . Bookmark the permalink.

0 responses to “Our tax burden”

  1. Eva's avatar Eva | April 15, 2008 at 6:32 pm |

    A Federal refund is predicated upon the amount you have withheld compared to what you should have paid. Therefore, barring any other income, if you have taxes withheld at Married 0 and claim three exemptions on your return, you will get a refund. Joe

  2. Dick Stanley's avatar Dick Stanley | April 15, 2008 at 6:41 pm |

    Yeah, but we had to pay extra, over and above what was deducted. Hence we will not be getting anything back.

  3. SnoopyTheGoon's avatar SnoopyTheGoon | April 16, 2008 at 1:47 am |

    Let me see if I understand: 27%? This is what you call light? We call it nothing. If you want to see a monthly robbery act, come over here.

  4. Dick Stanley's avatar Dick Stanley | April 16, 2008 at 6:16 am |

    More like 23 percent. Annual. But we don’t have socialism. Yet.