Question: If a family of four earns $100,000 per year, how much of their income remains after paying all the various taxes in the U.S.? Answer: a little more than half. Is this reasonable? That’s difficult to ascertain in a vacuum. It would be interesting to understand how this compares to another country. Since I have spent every summer in Sweden for the past three decades (and did my MBA in...
10 hours ago
Comparing U.S. and Swedish Tax Systems
16August