Federal income tax+ FICA tax + State income tax+ ...

Federal income tax+ Medicare & Social Security tax + State income tax+ local income tax + Other deductions (e.g. health insurance, dental insurance….) + Sales tax + Auto insurance + renter’s insurance/ property tax… It is not exaggerating to say that half of the income evaporated before even reaching to the workers. The salary number before tax is just a beautiful number, that’s all. The real income is half off. Even after all those taxes, US government is still in deep debt and its debt is snowballing rapidly.