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If you add up the four income-based categories of taxation (Federal, state/local, Social Security, and Medicare), the average American's effective tax rate is 29.8%.
A quick calculation shows that the average taxpayer owed $9,655 in income tax, which translates to an effective federal income tax rate of 13.5 percent.
If you add up the four income-based categories of taxation (Federal, state/local, Social Security, and Medicare), the average American's effective tax rate is 29.8%.
If you're wondering how much an average American family pays in federal taxes -- which include income tax, payroll tax, and excise taxes on goods like gasoline and cigarettes -- the average rate ...
New Jersey has a graduated state individual income tax, with rates ranging from 1.400% to 10.750%, according to TaxFoundation. So, how much does the average American household take home after taxes?
Local News Mass. residents pay around 4 percent more of their income in taxes than the average American, report says The report says the high tax rates are due to the state's high median income.
Average American receiving thousands of ... While tax rates have ... will also increase from $13,850 to $14,600 for single filers and from $27,700 to $29,200 for married couples filing ...
If you add up the four income-based categories of taxation (Federal, state/local, Social Security, and Medicare), the average American's effective tax rate is 29.8%.
New Jersey has a graduated state individual income tax, with rates ranging from 1.400% to 10.750%, according to TaxFoundation. So, how much does the average American household take home after taxes?