Americans often say that there are only two things a person can be sure of in life: death and tax es. Many people feel that the United States has the worst taxes in the world. Taxes are the money that people pay to support their government. There are generally three levels of government in the United States: federal, states, and city; therefore, there are three types of taxes. Salaried people who earn more than four thousand dollars per year must pay a certain part of their salaries to the federal government, and the money is used to fund state workforce agencies. The percentage varies for different people. It depends on their salaries. The federal government has two level income tax: that is, 15 or 28 percent.$17,850 is the cut off. The tax rate is 15 percent below$17,850 and 28 percent above. The second tax is for the state government: New York, California, or any of the other fortyeight states, including income tax and sales tax. Some states have an income tax similar t
We say in America that only two things in life are unavoidable: death and taxes.
Most cities and/or states in the US collect a sales tax on almost everything you buy. When you move into a new community, it is a good idea to ask how much the local sales tax is, and what items are and are not taxable. Both taxable items and the amount of tax vary considerably from place to place, from one or two percent in some places up to eight or ten in others. The New York City sales tax, for example, is currently 8%, so if you buy a pair of $ 40 shoes you will actually have to pay $ 43.20. This makes paying and getting correct change much more difficult.
Another thing that makes service exchanges more complicated is tipping. Waiters and waitresses, cab drivers, barkers and all sorts of other people must be tipped in most places. Their employers give them low wages because it is expected that customers will make up the difference. If you don’t, the service person c
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