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		<title>How Much Are You Truly Paying in Taxes?</title>
		<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
		<description>How Much Are You Truly Paying in Taxes?</description>
		<lastBuildDate>Tue, 29 May 2012 5:24:07 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[Effective tax rate is the term a]]></title>
				<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
				<description><![CDATA[Effective tax rate is the term applicable for businesses have a definite part of income pay as the tax to the authority, it can be a huge amount if you are running business online.]]></description>
				<pubDate>Tue, 29 May 2012 5:24:07 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm#790317</guid>
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				<title><![CDATA[@WebJunky explained very nicely ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
				<description><![CDATA[@WebJunky explained very nicely .
 
If i do NOT itemize then calculation is based on Taxable income, Income Tax, Social Security and Medicare Tax etc and If i suppose purchase one home in Pasadena, California then how would be calculate]]></description>
				<pubDate>Tue, 29 May 2012 5:24:07 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm#789344</guid>
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				<title><![CDATA[The math in the intial post is q]]></title>
				<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
				<description><![CDATA[The math in the intial post is quite erroneous.
Assuming a Single Filer with $80,000 in annual income in 2010.
The combined social security/medicare rate ("payroll taxes") for 2010 was 7.65%
$80.000 x .0765 = $6120.00
The]]></description>
				<pubDate>Tue, 29 May 2012 5:24:07 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm#787961</guid>
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				<title><![CDATA[A large percentage of people who]]></title>
				<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
				<description><![CDATA[A large percentage of people who pay tax think that government is trying to steal their hard earned money. Well, that's not true. Money collected from taxes help a country to become stronger and help government provide a variety of services to its citiz]]></description>
				<pubDate>Tue, 29 May 2012 5:24:07 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm#783054</guid>
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				<title><![CDATA[One of the best explanations and]]></title>
				<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
				<description><![CDATA[One of the best explanations and posts I've seen as well. Well put.]]></description>
				<pubDate>Tue, 29 May 2012 5:24:07 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm#767765</guid>
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				<title><![CDATA[What an awesome, well written po]]></title>
				<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
				<description><![CDATA[What an awesome, well written post.  Without a doubt starting your own small business on the side should lower your effective tax rate; although even more importantly it could also make you some extra money, even a whole lot of extra money.
]]></description>
				<pubDate>Tue, 29 May 2012 5:24:07 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm#767001</guid>
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				<title><![CDATA[
You’ve seen me use ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm</link>
				<description><![CDATA[
You’ve seen me use ]]></description>
				<pubDate>Tue, 29 May 2012 5:24:07 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/How-Much-Are-You-Truly-Paying-in-Taxes-.htm#766971</guid>
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