Nate adds up multiple different types of taxes to come up with an average percentage of your income that you could be losing to Uncle Sam every year!! He also discusses class envy and a different way of thinking about it. Key takeaways: • Income Taxes • Social Security Taxes • Medicare Taxes • Gasoline Prices • Excise Tax Sources: https://www.thebalance.com/what-the-average-american-pays-in-taxes-4768594#:~:text=The%20average%20single%20American%20contributed,Tax%20Foundation's%20method%20of%20calculation. https://smartasset.com/taxes/kansas-tax-calculator https://smartasset.com/taxes/kansas-property-tax-calculator#:~:text=While%20the%20typical%20homeowner%20in,home%20value)%20is%201.37%25. https://www.ksrevenue.org/pdf/ppsumm.pdf https://www.salestaxhandbook.com/kansas/rates/lawrence https://taxfoundation.org/wireless-taxes-cell-phone-tax-rates-by-state-2020/ https://igentax.com/gas-tax-state/
Nate adds up multiple different types of taxes to come up with an average percentage of your income that you could be losing to Uncle Sam every year!! He also discusses class envy and a different way of thinking about it. Key takeaways: • Income Taxes • Social Security Taxes • Medicare Taxes • Gasoline Prices • Excise Tax Sources: https://www.thebalance.com/what-the-average-american-pays-in-taxes-4768594#:~:text=The%20average%20single%20American%20contributed,Tax%20Foundation's%20method%20of%20calculation. https://smartasset.com/taxes/kansas-tax-calculator https://smartasset.com/taxes/kansas-property-tax-calculator#:~:text=While%20the%20typical%20homeowner%20in,home%20value)%20is%201.37%25. https://www.ksrevenue.org/pdf/ppsumm.pdf https://www.salestaxhandbook.com/kansas/rates/lawrence https://taxfoundation.org/wireless-taxes-cell-phone-tax-rates-by-state-2020/ https://igentax.com/gas-tax-state/
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