If you’re an average New Yorker apparently it takes all your income from January to the 6th May to cover your tax. The US average is April 18.
According to Market watch that’s about to get worse as the new mayor wants to tax you up further. With Black Friday big business in the big apple it can’t bode well for retail sales next year.
Just off the top of my head the UK average annual earnings is about 26-27k and you can probably lop of 25% fot tax so I reckon that we’re tax paid buy March/April.
With European states talking tax hikes in the not too distant future I dread to think how that is going to hit the already suffering population
Full story from MW here.
