Your 2010 Tax rate

[BDKJMU]

Totally agree if that was the case. But your leaving off:
-12.4% combined in FICA taxes that you & your employer pay.
-2.9% combined in medicare taxes that you & your employer pay.
-property taxes,
-sales taxes (ok, none in DE)
-gas taxes (national avg state and fed is about 50 cents a gallon)
-tolls
-utility taxes
etc, etc. Lots of other hidden taxes. Heck, most items you buy at the store, even excluding sales tax, about 1/4-1/3 goes towards taxes.

You're paying A LOT more than 10%...

Righto. I was sticking to the question originally posed, which was tax rate based on W-2s and tax filings.

FICA and medicare were already figured in to the amounts I listed. My property taxes were $1,268.95, sales taxes less than $150 for lunches in MD, DC, and VA, gas taxes (@18.4 cents/gal federal and 23 cents/gal Delaware) about $400 (based on ~1,000 gallons used which is pretty close), tolls of about $500, and utility taxes of around $600.

All of those add about another 3%. I'm still not complaining.

How? You listed 6.24% fed. Yet FICA (6.2%) and medicare (1.45%) combine for 7.65% PAYROLL taxes. Even if you are paying ZERO INCOME taxes you are still paying FICA and medicare.

Was that 6.24% you listed not fed income taxes?

[93henfan]

How? You listed 6.24% fed. Yet FICA (6.2%) and medicare (1.45%) combine for 7.65% PAYROLL taxes. Even if you are paying ZERO INCOME taxes you are still paying FICA and medicare.

Was that 6.24% you listed not fed income taxes?

Yeah, you're right. TurboTax doesn't figure FICA and Medicare into the effective tax rate. I did the math, adding up FICA, Medicare, and fed income tax withheld, then backing off my refund, then dividing by gross wages (box 3) and it gives an effective rate of 11.29% for the purposes of your argument. That would add another 5% to my previous post, for a total of 18%. I'm still not complaining yet.