ELDER PATRIOT – According to data released by the Bureau of Labor Statistics, Americans on average spent more on taxes in 2016 than they did on food and clothing combined!
The BLS data shows that “consumer units” (that includes 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).
Pause for a minute and consider this: those statistics include people who have been force to live together because of the growing tax burden.
An analysis by CNSNews.com reveals that, “the same data also shows that in three years—from 2013 to 2016—the average tax bill for Americans increased 41.13 percent.”
The average tax bill for American “consumer units” increased from $7,423 in 2013 to $10,489 over that period.
Well, at least all those extra tax dollars has results in lowered health insurance costs and improved coverage, right?