How much taxes do people pay in the United States ?

So what's the tax percent in the United States ?

Let's say a person who earns $20,000 per month, how much of the money will be paid as taxes, both federal and state ?

And does anybody know about taxes in some Euro countries, like France, Germany or UK ?

6 Answers

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  • Bobbie
    Lv 7
    8 years ago
    Favorite Answer

    Taxation in the United States From Wikipedia, the free encyclopedia

    http://en.wikipedia.org/wiki/Taxation_in_the_Unite...

    Legal basis

    The United States Constitution provides that Congress "shall have the power to lay and collect Taxes, Duties, Imposts, and Excises ... but all Duties, Imposts, and Excises shall be uniform throughout the United States."[75] Prior to amendment, it provided that "No Capitation, or other direct, Tax shall be Laid unless in proportion to the Census ..." The 16th Amendment provided that "Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration." The 10th Amendment provided that "powers not delegated to the United States by this Constitution, nor prohibited to the States, are reserved to the States respectively, or to the people."

    Wealth tax - Wikipedia, the free encyclopedia

    In France, the net worth tax on "natural persons" is called the "solidarity tax on

    wealth". ... Some European countries have abandoned this kind of tax in the

    recent years: Austria, Denmark (1995), Germany (1997), Sweden (2007), and

    Spain (2008). ... In other countries, like Belgium or Great Britain, no tax of this

    type has ever ...

    en.wikipedia.org/wiki/Wealth_tax

    Robin Hood tax - Wikipedia, the free encyclopedia

    A UK based global campaign for the Robin Hood tax was launched on 10

    February ... The Robin Hood tax has been supported by some 350 economists in

    a letter written to .... Again there was strong support from Germany and France

    but also from ... the eurozone, excluding countries like Sweden and the United

    Kingdom.

    en.wikipedia.org/wiki/Robin_Hood_tax

    Good Luck to you.

    Hope that you find the above enclosed information useful. 09/19/2012

  • 4 years ago

    The United States Constitution provides that Congress "shall have the power to lay and collect Taxes, Duties, Imposts, and Excises ... but all Duties, Imposts, and Excises shall be uniform throughout the United States."[75] Prior to amendment, it provided that "No Capitation, or other direct, Tax shall be Laid unless in proportion to the Census ..." The 16th Amendment provided that "Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration." The 10th Amendment provided that "powers not delegated to the United States by this Constitution, nor prohibited to the States, are reserved to the States respectively, or to the people."

  • Dan
    Lv 7
    8 years ago

    America has a Sliding Scale of taxes, with so many loop holes that many pay nothing at all to the FED.

    According to the GOP candidate Mitt Romney, 47% pay no fed taxes, the ppl who earn the most shelter it in many ways to pay nothing. The STATES have their own system of taxes, knowing ALL the systems is more than complicated, it's nerve wracking.

    Most ppl earn less than $50,000 per YEAR., Every year the rich get richer and the poor get poorer, the difference spread gets wider.

  • ryan
    Lv 4
    8 years ago

    http://interactive.taxfoundation.org/taxcalc/#calc...

    With either obama or romney in office will pay 2,583 on a 20,000 salary/single w/ no kids

    If the tax cuts expire and are not renewed then you will pay 3,030.

    each european country differ, just search tax brackets of that country in google.

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  • 8 years ago

    13% of my paycheck is removed each week. I work part time $7.40 per hour in NJ

  • tro
    Lv 7
    8 years ago

    we don't know what the person making $20K/mo is, married, single, head of household, how many dependents he has, does he own his own home, does he contribute to charities, does he have deductions that apply to his work, too many unknowns

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