Posted on April 30, 2015, 7:50 am, by Bill Rouse, under
Challenges.
My last post addressed my frustration with a 60% taxation rate that left me wondering if my role was mainly to provide resources to be redistributed to other, undoubtedly needy, people who do not pay taxes. The 40% that I get to spend barely covers my financial commitments. So, how do I ever get ahead […]
Posted on April 14, 2015, 9:35 am, by Bill Rouse, under
Challenges.
Over the past three years, my tax rate has increased to over 60% of my income. This includes Federal and State Income Taxes, Social Security Taxes, Workmen’s Compensation, Medicare Tax, Sales Tax, and Property Taxes. This tax rate, combined with the costs of living in an area where I earn a high enough income to […]