At 11:01 AM 4/16/04 -0800, Duane Percox wrote:
>The amount paid/refunded at tax filing time is of little
>value to determining how much you are being taxed. What is
>of more value is to find out how much you paid Fed-tax vs Mass-tax
>for the entire year by taking the amount withheld from your
>(pay-checks + any-qtrly-pre-payments) and then subtract any
>refund amount at filing or add any amount due/paid at filing.
>
>Of course, this doesn't even begin to factor in the other taxes
>like oasdi/medicare (7.65%) that most have to also pay...
Not to mention sales, gasoline, cigarette, liquor, internet, rural phone
service, tire, school district, "special county taxing district", bar and
hotel (for the stadium), rental car (for the airport), ..... feel free to
add any I've missed.
John Lee
* To join/leave the list, search archives, change list settings, *
* etc., please visit http://raven.utc.edu/archives/hp3000-l.html *
|