Since yesterday was tax day, I thought you might like to see a recap of how much dough (some) Americans fork over to the government …
Americans pay a tad over $5 trillion in taxes to the Feds, States and Local Governments.
Technical note: In government parlance, the taxes are called “revenue”.
By taxing authority
Drilling down, the $5 trillion is split roughly 50%-30%-20% to the Feds, States and Locals, respectively
Here’s more detail …
