Joke Collection Website - Cold jokes - How do Americans pay taxes?

How do Americans pay taxes?

In terms of income, first of all, the income tax, the threshold is close to zero, even if the annual income is five yuan, you have to pay taxes, and a progressive tax system is implemented, with the lowest tax rate of about 10% and the highest tax rate of 38%. The annual salary is generally 15-20%. This is the income tax set by the federal government. In addition, each state also collects income tax, and the tax rate is generally around 5%. In order to attract people to invest, work and live there, some States have reduced their tax rates, while others have not even collected them. Texas and Florida don't accept it, so many people go to Florida to buy houses for the elderly after retirement. In addition to the pleasant environment, not accepting state income tax is also one of the important factors.

Followed by social insurance tax and medical tax, this is not used for their own medical care and future pension, but for the overall social security expenditure and medical assistance to the poor (personal medical insurance and pension are deducted separately). These taxes add up to nearly a quarter of wages. In addition, personal income tax also includes property tax, bonus tax, inheritance tax and so on. Especially the property tax, the tax rate is 1.5%. An ordinary car and an ordinary house have to pay two or three hundred yuan and two or three thousand yuan of property tax every year. It is natural to pay taxes on personal income, but it is hard to understand that expenses should also be taxed, that is, everything you buy should be taxed. However, that's what the United States stipulates. Shopping, catering, tourism, culture and entertainment, almost any expenditure should be taxed, collectively referred to as sales tax or consumption tax. The consumption tax rate varies from state to state, generally ranging from 4% to 5%, and as high as 8% in big cities such as new york. Many people drive hundreds of miles to go shopping in States with low consumption tax, saving money for regional differences.

American tax laws and regulations are very strict. Except for a few rich people who defraud property or inheritance through lawyers, most people cannot escape paying taxes. I often hear such a joke in America: Americans can't escape from two things, one is death, and the other is taxes. Personal income tax, social insurance tax and medical tax are all deducted when the employer pays wages, and so are the remuneration of temporary workers. Consumption tax cannot be missed. Shopping in any store is done by computer, and special tax is collected by the store. Even if you buy tens of cents of green onions, you have to charge a few cents of tax. The Inland Revenue Department randomly checks about 5% of taxpayers every year. Once tax evasion is found, it is not only necessary to pay taxes and interest, but also to be severely punished. Most Americans talk about "trial".

A working-class person, one year's income and expenditure accounts for about one-third of his salary income, for example, his annual salary is about $50,000, and he has to contribute 1 more than $10,000 to the country. The government revenue alone exceeds 1 trillion dollars, and the tax paid by legal entities such as companies, banks and shops is even more amazing.