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re: The average American pays $524,625 in taxes in their lifetime
Posted on 4/12/24 at 2:01 pm to Dawgfanman
Posted on 4/12/24 at 2:01 pm to Dawgfanman
quote:
Averages seem like a bad measure here, given that almost half (maybe more) people pay zero federal or state income tax.
Yeah, median would be more helpful, but even that doesn’t tell the whole story.
Something like 10% of Americans are paying about 90% of the taxes.
EDIT: Never mind. Article is talking into account income, property and sales taxes. That average could be meaning actually. Lower earners spend almost all of what they earn so pay a lot on sales taxes.
This post was edited on 4/12/24 at 2:05 pm
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