[FoRK] Chart of the Day...

Stephen Williams sdw at lig.net
Thu Jun 10 02:53:01 PDT 2010


On 6/9/10 12:26 PM, Adam L Beberg wrote:
> Jeff Bone wrote on 6/9/2010 4:44 AM:
>> Not so, but this provides a nice teachable moment. Don't forget that
>> with incomes taxes and witholding, particularly witholding to fund
>> entitlements, a big chunk is gone before you even have it to spend on
>> mortages, kids, etc. Then factor in e.g. a non-scaled AMT, then all the
>> usual state and local property, income, sales, one-off licensing and
>> registration, double-dipping for the use of already publicly-funded
>> services and resources, and other taxes and I'd hazard a guess that a
>> surprising percentage of the population is over 40% already. Close
>> enough to half for government work. ;-)
>
> Yup, I have the math and pie chart all worked out for California 
> starting with the employer costs, not your pay stub. I haven't worked 
> the full cycle yet, where you also have to include corporate taxes and 
> fees so you get the full money cycle of widget on the shelf bought by 
> an employee of Widget Inc, 

Have you posted it somewhere?

sdw



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