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Subject: Re: US and French taxes--what's wrong with this picture? Posted on: Mon, 07 Jan 2008 11:25:56 -0500

On Mon, 7 Jan 2008 08:28:15 -0600, "Pat"
wrote:

>
>"Viking" wrote in message
>news:1k33o3lbr1te0k2bqbonkmacts7lf4f3pf@4ax.com...
>> We pay 60% of our income in taxes in the US, and another 15% to our
>> agent, which leaves us 25%.
>
>You must be so wealthy that this couldn't possibly really matter to you. We
>pay 33% of our income in taxes in the US and that's pretty standard.

We do also. But the 60% includes state, local (including property
taxes), and social security taxes (15% for self-employed people)--all
money subtracted from our income. So it's like 33% + 15% + 8% + 4% =
60%. And by the way, even wealthy people (which we're not) would
object to having 95% of their income taken from them....