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re: The average American pays $524,625 in taxes in their lifetime

Posted on 4/12/24 at 2:39 pm to
Posted by Rize
Spring Texas
Member since Sep 2011
15915 posts
Posted on 4/12/24 at 2:39 pm to
I get fricked every year because my wife and I both work and have to take the standard deduction. It’s a little better since moving to Texas but that will all get eaten up in property taxes when I buy a house. fricking 20k to 30k in property tax is fricking dumb.

Then you have sales tax on top of every thing. I bet it’s a lot when you factor in income tax’s, sales tax and property tax.
This post was edited on 4/12/24 at 2:47 pm
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8588 posts
Posted on 4/13/24 at 1:35 am to
quote:

I get fricked every year because my wife and I both work and have to take the standard deduction.


How is taking the automatic $27,700 ‘getting fricked’? If you take the standard deduction, that means you don’t have more than that to deduct, right? Not being a dick, just trying to understand how that’s ’getting fricked’. We’ve taken the standard for the past few years since the standard was increased so much. Makes our taxes a hell of a lot easier.
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