Secrets the IRS Does Not Want You to Know
Author: Tax Secrets Ezine by Collin Almeida
For average Americans, taxes are the single largest bill they will pay. Almost 40% of every working person's wages go to taxes: that's more than most people pay in utilities, rent, car loans, or education expenses. And while the burden of most bills can be lessened by working harder and earning more money, the tax liability only increases, so earning more money just equals paying more taxes.
Most Americans don't realize that Uncle Sam's piece of their hard-earned pie is so enormous. After all, the amount is divided into a number of small deductions: federal taxes, state taxes, county taxes, Medicare, social security, and so on. Each individual chunk looks like a reasonable price...
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