Quote:
Originally Posted by Bogie Shooter
I think the Sumter County Commissioners do a good job keeping our taxes low and providing services.
Impact fees should not be used for building a performing arts center.
You don't belive that Mickelson pays 60% in taxes.........really!
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Yes, I do believe that he pays 62%
Under current tax rates, Mickelson would pay 13.3 percent in state income tax and 39.6 percent in federal income tax. That's 52.9 percent combined. Medicare and Medicaid is an additional 2 percent. The new health-care levy is .9 percent on earned income and 3.8 percent on investment income.
Now figure in gasoline tax, property tax, personal property tax, sales tax, etc, etc,etc.
Each of us probably pays FAR more in taxes than we realize.