What percent of your gross income went to Federal income tax this year? - Mothering Forums

View Poll Results: What percentage of your gross income did you pay as federal income tax this year?
0-5% 14 37.84%
5-6% 1 2.70%
6-7% 0 0%
7-8% 2 5.41%
8-9% 1 2.70%
9-10% 0 0%
10-11% 2 5.41%
11-12% 0 0%
12-13% 1 2.70%
13-14% 0 0%
14-15% 1 2.70%
15-18% 3 8.11%
18-20% 0 0%
20+% 10 27.03%
the inevitable 'other' 2 5.41%
Voters: 37. You may not vote on this poll

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#1 of 14 Old 03-05-2007, 02:02 PM - Thread Starter
 
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Well, the title says it all pretty much...I am going to post a poll.
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#2 of 14 Old 03-05-2007, 02:06 PM - Thread Starter
 
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We paid 7.26% of our gross income. We live in FL so there is no state income tax here, but the sales tax in our area is over 8%.
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#3 of 14 Old 03-05-2007, 04:23 PM
 
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At least 25%. But I live in Canada.

In my province, (transfer payments from federal government), a midwife is covered under health insurance for EVERYONE, as is homebirth attended by such. I can go to the doctor with no money, as can everyone. A person with no identification or address can go to the hospital and be treated without cost to himself directly. There are some things that aren't covered, but prescriptions and dental is covered for low-income families (though not for higher income families--who generally do have insurance through work for these, though not always).

I know many people would rather pay less tax, but I have no qualms about it given the returns. I do understand the problems with government choosing how to spend money, and see faults in how it does so, but I really do appreciate not having to choose a hospital birth for instance because I cannot afford a home birth.

4 kids under 10
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#4 of 14 Old 03-05-2007, 04:27 PM
 
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The tax code has changed so much over the past few years. The child tax credit has made a big difference for us (as has the adoption tax credit ). Although DH makes a very nice middle-class income, we have zero federal income tax liability again this year.

New signature, same old me: Ann- mama of 2 boys and 2 girls, partnered to a fabulous man.
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#5 of 14 Old 03-06-2007, 02:01 AM
 
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I voted other. lol. We got money back (and didn't pay anything in).

Becky, partner to Teague, SAHM to Keagan (7yo), Jonah (2yo)
 

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#6 of 14 Old 03-06-2007, 02:18 AM
 
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I voted for 5-6%, but I have to say, I was very, very surprised by how little we paid in taxes when all was said and done. I'm not saying I want to pay more, but really, our income is what most people would probably consider upper class (middle class around here, though), and that's all we paid. That doesn't include property taxes, though. Add those in, and it's nearly double, more like 10% of our income.
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#7 of 14 Old 03-06-2007, 02:30 AM
 
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After doing our taxes, we got back more federal than we paid.

Midwife (CPM, LDM) and homeschooling mama to:
14yo ds   11yo dd  9yo ds and 7yo ds and 2yo ds  
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#8 of 14 Old 03-06-2007, 08:54 AM
 
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Which country??

We have income property abroad, so we paid taxes there and then paid Uncle Sam.
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#9 of 14 Old 03-06-2007, 10:10 AM
 
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3% and we got it all back.

Unassisted birthing, atheist, poly, bi WOHM to 4 wonderful, smart homeschooling kids Wes (14) Seth (7) Pandora Moonlilly (2) and Nevermore Stargazer (11/2012)  Married to awesome SAH DH.

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#10 of 14 Old 03-06-2007, 10:15 AM
 
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Ah yes, the inevitable other. We paid in a few hundred, got it all back, and then got back another $5K in credits (EIC, child tax credits, etc.). That's a yay, but also a sign of how severely underpaid for his job description dh is.
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#11 of 14 Old 03-06-2007, 10:42 AM
 
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Well we only made a little over 28 G but since our living expenses are so low its not that bad. We too almost got 5 G back.

Unassisted birthing, atheist, poly, bi WOHM to 4 wonderful, smart homeschooling kids Wes (14) Seth (7) Pandora Moonlilly (2) and Nevermore Stargazer (11/2012)  Married to awesome SAH DH.

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#12 of 14 Old 03-06-2007, 11:17 AM
 
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We paid 18% in federal and state. That doesn't include property tax, sales tax, or the tax on our cars.

We didn't see a huge reduction in our tax burden by either owning a house or having a baby, two things that "everyone" assured us would drop our taxes significantly. In 2007, I won't have a paycheck (I had one for 9 months of 2006), so we're hoping that that helps.
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#13 of 14 Old 03-06-2007, 03:55 PM
 
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4.2% after the child tax credit and some education tax credits. We made far too much for the EITC but we still got a large return, largely because we were overpaying by accident. I adjusted that so that we won't get as large of a return next year.

Katie, mama to one big boy (6/03) and one little boy (12/08).
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#14 of 14 Old 03-06-2007, 05:40 PM
 
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Between the mortgages on the home and the rental, repairs to the rental, the kids, and my husband's 59K, + 13K rental, we have 0 federal liability.

We have 1900 in state, plus 5K in property taxes. BUT we bought a hybrid car last year, so 1500 of the state went away.

Also, the year before that, we did a solar water heater... again about 2K in state, 1500 went away.

This year, we are purchasing a battery and electric motor for my husband's MR2, and that should reduce our tax liability in the state by 1500 again.

Are we really saving money by doing this??? I don't think so, but we are saving energy.

I have no problem paying state/local/property taxes.. usually they are used for the better good of society...not 400.00 toilet seats.
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