How much do Americans spend on taxes?
- Source: The Tax Foundation
- Apr 17, 2018
- 1 min read
America will spend more on taxes in 2018 than it will on food, clothing, and housing combined.
In 2018, America will pay $3.4 trillion in federal taxes and $1.8 trillion in state and local taxes, for a total tax bill of $5.2 trillion, or 30 percent of national income.
Source: The Tax Foundation
Posted on WSJ: The Daily Shot 17-April-2018
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