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Posts Tagged ‘Payroll Tax’

How Much Does An Average American Pay in Taxes?

A variety of tax returns are filed each year, totaling nearly 50 million returns (as of Feb, 2015). To prepare those returns, individual taxpayers spent 3.8 billion hours (2009), according to the National Taxpayers Union. This hard work pays off when taxpayers receive their tax refunds. The average refund amount is $3,120, says the IRS, and almost 83% of the returns filed ...