Month: January 2015

An Honest Tax Analysis of a W2

by Albert Meyer, Collin County Libertarian Party member and president of Bastiat Capital Your average tax rate is more like 31%, and not 14% that a superficial analysis might initially show Below is an example of a W2, obtained from the following website: http://blogs-images.forbes.com/kellyphillipserb/files/2014/02/W2.png This taxpayer in question paid Federal withholding taxes of $6,835.00 which represents an average …