# Approximately how much money does the average American citizen pay in taxes each year?

Would you like to merge this question into it?

#### already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

#### exists and is an alternate of .

According to the Tax Foundation, a nonpartisan organisation, the average American pays an average tax rate of 12.60% percent on their income as of 2008.
According to the figures released from the 2007 US Census the median earnings of men who worked full time, year-round were \$45,113 and women were \$35,102. Arithmetic provides: Tax for Men: \$5684.24 Tax for Women: \$4422.85

According to figures based on the average reported income of Americans, as tabulated by data collected from income tax returns in 2008, the median income of all people, both men and women, is \$31,987.

Tax on Average: \$4030.36

Please consider that this was in no way calculated by an economist or an actuary with accredited math skills, also that this only represents income tax and not other forms of tax and that the figures available from the sources mentioned are not always compatible.

However I believe that this answer may be marginally more educational than the former one which stated the unfounded and likely erroneous figure of \$10 million.
2 people found this useful

# How much money do you pay in tax?

\n. The amount one pays as income tax depends on their TAXABLE income. It is a percentage of that income. The exact percentage used depends on the level of that income. \n. Taxable income depnds on many things: Earnings from employment for sure, earnings from other sources (investments, governm (MORE)

# How much money does the average US citizen spend on gasoline in a year?

You would spend about \$2,400 per year if you drive an average 15,000 miles per year at 25 mpg and the price of gas at \$4 dollars a gallon.

# How much money does the average US citizen spend on car maintenance in a year?

About \$1,200 or \$100 per month. But this is just an average and it depends on what vehicle you own and how many miles are on the odometer. The older the car the more you will spend on maintenance. During the first 5 years of ownership the costs are much lower than the next 5 years of ownership.

# How much money does the united states take in taxes each year?

To collect over \$2 trillion the IRS would like about an \$11 billion for 2008. Will likely be budgeted for much less. See link for wish list budget, which also shows anticipated revenues. http://www.gao.gov/new.items/d07719t.pdf Note: 1 trill = 1,000,000,000,000 1 bill = 1,000,000,000 So i (MORE)

# When you make how much money do you have to pay tax?

Answer . Understand that making money and having taxable income are different things...not all money you receive is considered taxable income.. Additionally, even with taxable income, because of many things, like deductions, credits and the very low tax on small earnings...you may not actually o (MORE)

# How much money does the average US Citizen spend on drugs per year?

\$47,000.00 According to the US Dept of Labor the avg American spends 335.36 cents per person. This is a national avg. The Average American family spends \$185.00 per year on OTC (over the counter) drugs.

# How much money does an average American spend on shoes per year?

How much money the average American spends on shoes a year willdepend on the gender, budget, and what type of shoes are purchased.An average American woman can spend between 500 and a 1000 dollarsa year.

# How much money does an average person spend on home improvement and repairs each year?

Statistics say that most homeowners spend an average of 3,000dollars per year on home repairs. Experts believe that allhomeowners should keep a budget of 3,000 in case repairs areneeded, even though not everyone will need it, or use all of it.

# How much money should you pay a year for federal taxes?

You should always pay the full amount that you owe. The amount you owe will depend on how much money you make, your family size, deductions, etc. There is no rule of thumb.

# What does the average American citizen make in a year?

The average American citizen makes around 35,000 dollars a year.The average American household makes around 53,000 dollars a year.

# How much money does the American film industry spend each year?

In 1997, America spent \$9 billion on film production, triple the amount that any other country in the world spent.

# How much tax did Roman citizens pay at the time of Jesus?

At the time of Jesus, the Romans paid taxes according to theirsalaries and wages. Jesus once asked them to give Caesar whatbelongs to Caesar and Jesus what belongs to Jesus.

# How much money in gifts can I receive each year before being taxed?

The gift tax is on the one who gives, not the one who receives it.

# How much money do Americans spend on animal medications each year?

August 6, 2007 Americans now spend \$9.8 billion a year on vet services. That doesn't include the over-the-counter drugs and other supplies, which add \$9.9 billion in costs.

# How much money do American children spend per year on average?

Teenagers spend about \$100 Billion a year, and children under the age of 12 spend \$11 billion of their own money, and influence 75%, about \$165 Billion of their parents money per year.

# How much money does the average person spend on cigarettes each year?

Lets say the average smoker smokes a pack of 20 a day, Currently, in the UK, a pack of 20 costs a bit less than Â£6. So, 6 * 365 = Â£2,190 :)

# How much money does the average person spend on clothing each year?

around Â£300 a year per a person Who ever wrote this: ^^^^^ is wrong. Some people spend 300\$ on shoes a year. And what about growing children, and getting new fashions for teens? It all has to add up to more than 300\$-Just saying. A person who doesnt care about fashion may spend 300\$ but I kn (MORE)

# How much money do Americans spend on Halloween each year?

it is really to bad that he Americans spend over 7,190 000 dollars a year on Halloween it is thre second biggest money maker for the usa!

# How much money does the average citizen make a year?

Well, the average income for a family all together is around \$45,000, and the poverty line in the United States for a single person is \$16,000 a year.

# How much does Arod have to pay in taxes each year?

he pays 40% to the state of new york, and another 10% to his agent. the 22 million dollars he makes quickly turns into 11.

# How much money is spent by cancer patients each year on average?

This is not a simple question at all. There are many different types of cancers and many different types of insurance plans, all of which must be put in the context of each particular country's healthcare system. For easy-to-treat cancers (e.g. stage I basal cell carcinomas of the skin), the cost c (MORE)

# How much money do average Bahama citizens make in a year?

if you look on other pages they are all going to be different. Ilearned that some people make 2,794,794,980 a year

# How much money does the average US citizen spend on Home maintenance in a year?

1c . Answer from TheProperHome.com . Home maintenance costs vary widely, depending on your home and contents. As a general rule of thumb, you should expect to spend about 1 % of the value of your home every year in maintenance. For instance, a \$300,000 home will require about \$3,000 a year for (MORE)

# Approximately how much money does the US make in Taxes every year?

The U.S Government makes about 20 trillion dollars a year. ans . I'm no sure where the above comes from, but the IRS collects about 3.2 trillion in taxes from all sources a year.

# If you are seventy eight years old and took care of a lady in 2008 you earned approximately 55000 Will you have to pay federal income tax on this money?

Seemingly yes. Age is not a factor in tax liability...young or old, nor how you made the income.

# How much money in taxes does Oprah pay?

Much less than you did last year percentage....check the tax laws. She makes 222,000,000 per year, but pays less percentage than you do. Yes American workers, less than you.

# How much money does the average teenager spend on clothing each year?

The average teenager spends between \$500 and \$1,000 per year. Thetotal depends largely on where they shop and their personal style.

# How much money can you gift tax-free to your son or daughter each year?

You can give \$13,000 in 2009 (the number changes most years) without having to report it or file a gift tax return. If you give more than that, you have to file a gift tax return. The excess over \$13,000 is subtracted from both your lifetime gift tax allowance and from your estate tax allowance. Onc (MORE)

# How much money do you pay for taxes on winnings?

Winnings are like any other "ordinary income" (although provable losses are deductible against the winnings). You pay tax at your own personal effective rate, (different for everyone) after deductions, exemptions, other earnings, state taxes, etc. The amount that may be withheld from your winnings (MORE)

# How much money does the average American spend on chocolate per year?

i dont know. i know that my family is skinny but has diabetes soo we eat about 3 bars a week. and the average bar cost around 2 dollars so times that by 1 million and you have your answer.

# How much money can a child give a parent tax-free each year?

The IRS allows tax free gifts to family members. Up to \$14,000 maybe given to family members each year. Married people can give up to\$28,000 per year.

# On average how much do most Americans pay for a mortgage each month?

The median household income in the United States is \$46,326. When you break this down by 12 months, it wind up to \$3,860/month Answer: That's the average monthly salary, not the monthly mortgage payment! If you paid out your entire salary in a mortgage payment, you'd have nothing left for other exp (MORE)

# How much money does each citizen need to pay in order to pay off the debt if the healthcare plan is passed?

In fact, nobody knows. Not the President, not the Congress, not the Office of Management and Budget and certainly I don't know. At present, without federally guaranteed health-care being law, the national debt is about \$150,000 per person. But anyone who pretends to know just how much cash will be n (MORE)

# How much money can you give your children as a gift each year tax free?

What is considered a gift? Any transfer to an individual, either directly or indirectly, where full consideration (measured in money or money's worth) is not received in return. What can be excluded from gifts? The general rule is that any gift is a taxable gift. However, there are many exceptions (MORE)

# If you inherit money how much do you have to pay in taxes?

Taxes, including inheritance taxes, vary from state to state, and country to country. Sometimes your other income will be included in the tax calculations and other times not, or only partially. Therefore, it is not possible to give an answer to this question as you yourself would be the only pers (MORE)

# How much federal tax does the average tax payer pay?

Every taxpayer has different situations and information that is reported on the 1040 income tax return so this would depend on which taxpayer it is that YOU call the AVERAGE TAXPAYER. The taxpayer that does not have any taxable income page 2 line 43 of the federal 1040 income tax return once the t (MORE)

# How much food does the average American consume each year?

According to the scientific results, the average human consumes 4,567,890 lbs of food each week. Each year, it consumes about 9,809,789 lbs of food. There have been recent tests showing these exact results... Eugene Pignus is the scientist responsible for these results..... jk

# How much money do Americans spend on candy each year?

Americans spend about \$8.8 million dollars each year on candy. They are the leaders in the candy consuming world. Followed by Switzerland, Great Brittan, and Belgium.

# How much tax do you pay on 85000.00 a year?

That all depends on your personal circumstances and the country you pay your tax in.

# How much does the average person pay for cigarettes each year?

It's hard to pick an "average" amount of smoking, but in Delaware the average is about 185 packs a year, which works out to just under \$1,000. In Utah, the smoking rate is much lower. Check the Related Links section below for an article about how much smokers in different states can expect to save b (MORE)

# How much does the average British tax payer pay in taxes each year?

It only cost the average taxpayer a few pounds a year; it is worth it. Say there are about 40 million taxpayers in Britain, divide 88 million by it, and you have Â£2 and 20p, if you go by Â£176 million, and divide by 40 million taxpayers, you get Â£4 and 40p! Not a lot to spend for somet (MORE)

# How much money do Americans spend on entertainment each year?

I'm not sure the exact amount, but if your talking about all Americans combined, then billions. No kidding. people spend about 6.2 million on entertainment in Las Vegas.

# How much does an average American pay for utilities each month?

The national average for a residential water bill in 2009 was \$51 The national average for a residential power bill in 2010 was \$110.55, with an average use of 958 kWh. The US Energy Information Administration releases new energy usage stats each year. Remember though, that it is difficult t (MORE)

# How much money do you lose wasted on tax each year in total?

Tax is not a waste. It provides the company and individuals physical things they need (roads, airports, armies) as well as services (patent systems, court systems, contract enforcement, safety, fire protection, etc.).

# Does American tax money to pay for mosques?

Only to provide for incarcerated religious practice. Even here it would not be a mosques per se more probably a room made available on holy days.

# How much money does the average person spend on chocolate each year?

If my calculations are correct then 100 Dollars a month if u are sneaky... But the question is a year so 1200 If u are sneaky Sneaky : 1200 Normal healthy person: 540 Hope this helps =D

# How much TAX does the Tower of London pay each year?

The tower of London doesn't pay any tax because its a Crown property and Her Majesties Revenues and Customs do not tax themselves.

# How much money will I have to pay in taxes if I don't have insurance next year under Obamacare?

How much money a person has to pay in taxes if they don't have insurance depends on how much money they make and how big their family is. Obama Care will decide the amounts.

# How much does an average American pay in taxes a year?

The United States has a progressive tax system so the more your income, the higher your income taxes will be. U.S. Citizens are also subject to many, many different kinds of taxes. Some of these taxes include State and Local Income Taxes, State and Local Sales Taxes, State and Local Property Taxes o (MORE)

# Income taxes contributed by American citizens pay for what?

The federal government collects taxes to finance various publicservices. Along with a host of other smaller public services, thereare 3 major public services funded by our tax dollars: . 1) Social Security - retirement benefits for retired workers. 2) Medicare and Medicaid - health insurance for (MORE)