What’s really the Purchasing Power of $100 in the U.S.?
- Corporate tax (21%)
- Federal income tax (up to 37%)
- Payroll taxes (7.65%)
- State income tax (Up to 13.3%)
- Sales tax (Up to 9%)
Final PP: $30 -inflation - other taxes. 70% gone. The U.S. needs tax reform now.
