This doesn't examine local and state sales taxes, excise taxes, Medicare tax, other payroll taxes, etc.
Remember that I'm a state employee, and I don't pay Social Security withholding for an old age pension, because a similar percentage of my income is withheld and put into a state pension program.
Here is the historical record:
2011: I'm estimating we earned 119% of the median family household income.
2011: Federal income tax was 5.8%
2011: State income tax and property tax combined was 9.3%
2011: Federal and State income and property taxes: 15.2%
2010: We earned 103.9% of the median family household income.
2010: Federal income tax was 1.7%
2010: State income tax and property tax combined was 8.1%
2010: Federal and State income and property taxes: 9.9%
2009: We earned 91.2% of the median family household income.
2009: Federal income tax was 2.7%
2009: State income tax and property tax combined was 8.8%
2009: Federal and State income and property taxes: 11.5%
2008: We earned 84.9% of the median family household income.
2008: Federal income tax was 2.3%
2008: State income tax and property tax combined was 8.9%
2008: Federal and State income and property taxes: 11.2%
2007: We earned 89.2% of the median family household income.
2007: Federal income tax was 2.7%
2007: State income tax and property tax combined was 9.0%
2007: Federal and State income and property taxes: 11.7%
2006: We earned 66.4% of the median family household income.
2006: Federal income tax was 0.0%
2006: State income tax and property tax combined was 9.1%
2006: Federal and State income and property taxes: 9.1%
In 2006 Jeri was self-employed in a business out of our home, and she lost a significant amount of money, and had quite a bit of business investment that wasn't recovered in sales, so our federal taxes were wiped out by those losses.
In 2010 we received a large tax credit for purchasing a new heating/cooling system for our house, using an energy efficiency tax credit.
In 2010 we received a large tax credit for purchasing a new heating/cooling system for our house, using an energy efficiency tax credit.
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