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Title: BLS: Americans Spend More on Taxes Than Food and Clothing Combined
Source:
CNS News
URL Source: https://www.cnsnews.com/news/articl ... tax-bill-increased-411-4-years
Published: Aug 31, 2017
Author: Terrence P. Jeffrey
Post Date: 2017-08-31 08:28:25 by IbJensen
Keywords: None
Views: 2403
Comments: 12
(CNSNews.com) - Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics. The same data also shows that in three years—from 2013 to 2016—the average tax bill for Americans increased 41.13 percent. In 2016, according to BLS, “consumer units” (which include families, financially independent individuals, and people living in a single household who share expenses) spent more on average on federal, state and local taxes ($10,489) than they did on food ($7,203) and clothing ($1,803) combined ($9,006). The average tax bill for American “consumer units” increased from $7,423 in 2013 to $10,489 in 2016, according to data released this week by the Bureau of Labor Statistics. The tax-and-spending data was collected as part of the BLS’s Consumer Expenditure Survey, which is conducted for the BLS by the Census Bureau. The survey measures the expenditures and incomes of American consumers. he survey publishes the itemized expenditures of what it refers to as “consumer units,” which include “all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements,” or “a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in a permanent living quarters in a hotel or motel, but who is financially independent,” or “two or more persons living together who use their income to make joint expenditure decisions.” The BLS said that a consumer unit generally refers to a family. In 2016, according to the survey, there were 129,549,000 “consumer units” in the United States. The average before-tax income of an American consumer unit was $74,664 for the year. The consumer unit then paid an average of $10,489 in personal taxes—including $8,367 in federal income taxes, $2,046 in state and local income taxes, and $75 in other taxes. Three years before that, in 2013, according to the survey, there were 125,670,000 “consumer units” in America. The average before-tax income of these consumer units that year was $63,784. In 2013, consumer units paid an average of $7,432 in taxes—including $5,743 in federal income taxes, $1,629 in state and local income taxes, and $60 in other taxes. From 2013 to 2016, overall personal taxes climbed from $7,432 to $10,489—an increase of $3,057 or 41.13 percent. Federal income taxes climbed from $5,743 to $8,367—an increase of $2,624 or 45.7%. State and local income taxes climbed from $1,629 to $2,046—an increase of $417 or 25.6 percent. Other taxes climbed from $60 to $75—an increase of $15 or 25 percent. The biggest single expenditure by “consumer units” in 2016—and the only one that exceeded taxes—was “housing,” which cost the average consumer unit $18,886 during the year. That included $11,128 for the “shelter” itself, $3,884 for utilities fuel and public services, $1,384 for household operations, $160 for housekeeping supplies, and $1,829 for household furnishings and equipment. However, American “consumer units” only spent $1,803 on “apparel and services” (clothing) in 2016 and $7,203 on “food.” The $1,803 that the average consumer unit spent on clothing included $427 for “men and boys,” $665 for “women and girls,” $66 for “children under 2,” $388 for “footwear,” and $257 for “other apparel and services.” The $7,203 for food included $4,029 for “food at home” and $3,154 for “food away from home.” Under the food at home category, the average consumer unit spent $890 on “meat, poultry, fish and eggs," $783 on “fruits and vegetables," $410 on "dairy products," and $393 on "non-alcoholic beverages." The $10,489 that the average consumer unit spent on taxes in 2016 was 13.4 times as much as the $783 it spent on fruits and vegetables. Here is a screen capture from the BLS table showing the personal tax expenditures of the average consumer unit rising from $7,432 in 2013 to $10,489 in 2016--an increase of $3,057 or 41.13 percent: Poster Comment: The taxes increased 40% because we have have had a HUGE increase in people who don't even pay their own food bill: refugees, immigrants, illegals with no skills...throw in the extended family of a naturalized citizen - like the 60 year old aunt and the 70 year old mother. Now Marco Rubio wants as many Venezuelans to enter the U. S. now that they've made a shit house out of their country. Stupid wars that never end don't help.
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#1. To: IbJensen (#0)
What about health insurance? That should be right up there with food and near taxes. At $600 a month for health insurance alone puts up with food. I know many families that they would love to pay just $600 instead of $1000 to $2000 a month. I just can not imagine paying $2000 a month for health insurance. Killing the dollar to compete with the world has only brought misery to the average American. Then add non stop immigration, taxes and regulation explains why so many people have given up and do drugs!
The central socialist government remains, woefully, un-drained. Now Senator Rubio is begging Trump to allow unlimited Venezuelans into the United States due to their elected communist government failure. They want out of their shithole paradise so they can turn this nation into more of a shithole than it already has become. Liberals are like Slinkys. They're good for nothing, but somehow they bring a smile to your face as you shove them down the stairs.
No, it's because corporations and billionaires have too many loopholes and don't pay their fair share.
You do realize that the rich pay more taxes than the poor or even middle class. I believe stat is 1% or 5% pay 80% of the taxes but I guess thats still not enough. I would love a 10-15% tax income or sales tax without deductions. Never happen because progressives can not manipulate human action unless they have power of taxing the people.
Regarding corporations, the U. S. tax rate on corporations is the highest in the world. That rate should be dropped as close to zero as possible and the nation shouldn't have a graduated tax rate. One rate for all. Liberals are like Slinkys. They're good for nothing, but somehow they bring a smile to your face as you shove them down the stairs.
In a second reading of your posting, Willie, I see that you know as much about financial matters as a pig knows about Sunday School.
Liberals are like Slinkys. They're good for nothing, but somehow they bring a smile to your face as you shove them down the stairs.
You do realize companies are entities not human and have no ability to pay taxes which for financially illiterate means any undo financial forced put upon entities (companies) is ultimately paid by the consumer of that product or service which is a hidden tax on the tax payer.
Bullshit... Corporations represent the investment profit interests of their shareholders and are responsible for paying the corporate tax on those profits. Those taxes cannot be "passed along" to the consumer because they are not added to the cost of the product before sales, they are deducted from the profit AFTER sales.
I see you got your economic degree from a cracker box school of communism! LOL Companies work for shareholders. When the money/profit is disburse to shareholders then the shareholders can be taxed along with all the employees including the upper management. Let me say this again. Any money spent by the company, including paying taxes, is passed on to the consumer. The only thing taxing companies do is drive up the cost of goods and services for the consumer to pay, hidden taxes on us peons! Taxes are restriction on goods and services by the government(JFK speech right before he was assassinated by the left explained it well). Why is that so hard to understand?
So far I believe that Willie Boy is the only uninformed lunatic socialist here. He might feel more at home with the CPUSA website favored by all Democrats.
Liberals are like Slinkys. They're good for nothing, but somehow they bring a smile to your face as you shove them down the stairs.
He just needs to be edumakated better. His inability to figure out who is doing what is causing him to be blind to reality. Trump like no other has proven how fake news really is in this country and beyond. President Reagan and Bush both where hammered by the press but its gotten to the point where the MSM doesn't care that they get caught faking news so long as they get the headline out for people like Willie Green to see.
#2. To: Justified (#1)
#3. To: IbJensen (#0)
The taxes increased 40% because we have have had a HUGE increase in people who don't even pay their own food bill:
#4. To: Willie Green (#3)
#5. To: Willie Green (#3)
o, it's because corporations and billionaires have too many loopholes and don't pay their fair share.
#6. To: Willie Green (#3)
#7. To: IbJensen (#6)
#8. To: Willie Green (#7)
#9. To: Justified (#8)
#10. To: Willie Green (#9)
#11. To: Justified (#10)
#12. To: IbJensen, Willie Green (#11)
So far I believe that Willie Boy is the only uninformed lunatic socialist here. He might feel more at home with the CPUSA website favored by all Democrats.
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