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  • In Pictures: What Costs More? Life or Taxes?

    As the saying goes, there are only two certainties in life: death and taxes. Given that fact, it’s worth taking a look at how much it costs to live and how much it costs to pay taxes, especially on this Tax Day. The Republican Study Committee has pulled together a great chart putting these costs side by side:

    Posted in Featured [slideshow_deploy]

    8 Responses to In Pictures: What Costs More? Life or Taxes?

    1. Bobbie says:

      Please fix this! It only confirms the slavery we once thought to have risen above.
      Obama must be very happy to be the master! The people of this country doesn't deserve this low life, cowardly leadership! Why isn't he being stopped! ???

      • GBabbitt says:

        Um, these tax rates were put into place in 2001 under GW Bush and were extended by Obama at the behest of the GOP in 2010.

        • Bobbie says:

          um, Obama said he was going to "CHANGE!" make them permanent! UM!

          LIMIT GOVERNMENT SPENDING TO A MINIMUM! THEIR CONTROL IS NOT WORTH PEOPLES' PAY!!!

    2. Red Baker says:

      Great graph. You should run something similar every day. Historic graphs too.
      Government spending 2011 (federal, state, local) = $6.05 trillion.
      Cost of regulation compliance 2011 (f,s,l) = $3 trillion
      GDP 2011 = $15 trillion
      Cost of government = 60% of GDP
      Govt spending per household = $52,000
      Cost of regulations per HH = $26,000
      Govt spending + regs per HH = $78,000
      Median family income = $50,000
      Cost of govt per HH is 157% of median HH income.

      Government spending + regulations
      1900 – less than 10% of GDP
      1950 – about 30%
      2012 – about 60%

      Any questions?

    3. copakeman says:

      what would make this chart more startling, is a poulation chart boken down into columns by earned income, and what % each column actually donates (conficated) to our local/stare/federal govts..

    4. GBabbitt says:

      Transportation's not a living expense? Because I’m thinking that including that would dramatically change the relative gap in those bars and totally invalidate an already specious claim.

    5. Washington says:

      A gangster government for sure! Extortion at its worst!

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