Am I wrong for thinking that it is crazy that if you make 40k a year before taxes that they take out about 6000 a year from that ?
That sounds unfair and I am 16.
- 6 months agoFavourite answer
The Federal government alone has four million people on the payroll. That money has to come from somewhere. Maybe you would like a smaller government?
- USartboyLv 56 months ago
You're 16 making $40K a year? Damn! That's a lot of money for a teen. You should be grateful. That $6K isn't all taxes. Only about half. The other half is Social Security and Medicare the government forces us to pay into. Welcome to adulthood.
- Kid MohawkLv 66 months ago
You can offset that a bit by having your health and retirement benefits removed before taxes. But in general... no. Although I do wish the dollars we paid in taxes were spent better, but that's been a problem since the beginning of taxes.
- Anonymous6 months ago
Man your accountant is a wizard