Ithaca Libertarians

Tompkins County, New York


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So... How much DO Ithacans pay in taxes each year, anyway?

Let's find out. Modify the "Tax-Related" Questions (in the green box) below to get a detailed calculation of your (or any Ithacan's) tax burden for the year. (Enter 0 for any questions which do not apply. Do not enter any dollar signs or commas, please.) You may also modify the numbers in the "Market Questions" (purple) and the "Current Tax Rates" (red) boxes, although we have researched these numbers quite rigorously. NONE OF YOUR ENTRIES WILL BE RECORDED.

Personal "Tax-Related" Questions
Yearly Income: dollars
Assessed Value of your Home: dollars
Self-Employed?
Senior Citizen (65)?

Amount of Annual Spending which does NOT incur sales tax: dollars
Average Capital Gains on your Investments Each Year: dollars

Estimated Phone Bill Each Month: dollars
Average Number of Miles You Drive Per Year: miles
Average Mileage of Your Car: miles/gallon
Average Number of Cigarette Packs Per Year: packs
Average Number of Spirit Bottles You Consume Each Year: bottles
Average Number of Wine Bottles You Consume Each Year: bottles
Average Number of 6-Packs of Beer You Consume Each Year: sixpacks
Current Tax Rates
Federal Social Security and Disability Tax Rate: % of your income
Federal Social Security and Disability Tax Rate (Self-Employed): % of your income
Federal Social Security and Disability Tax Cap: dollars (for 2005)
Federal Medicare Tax Rate: % of your income
Federal Medicare Tax Rate (Self-Employed): % of your income
Federal Corporate Income Tax Rate: % of corporate income
Federal Phone Regulation Recovery Charge: dollars/month
Federal Phone 911 Service Fee: dollars/month
Federal Phone Excise Tax: % of your phone bill

State Sales Tax Rate: % of your purchases
State Disability Tax Rate: % of your income, but no more than $0.60 per week
State Corporate Income Tax Rate: % of corporate income
State Phone Telecommunications Excise Surcharge: dollars/month
State Gasoline Tax Rate: dollars/gallon
State Cigarette Tax Rate: dollars/pack
State Spirits Tax Rate: dollars/gallon
State Wine Tax Rate: dollars/gallon
State Beer Tax Rate: dollars/gallon

Local Sales Tax Rate: % of your purchases
Local Property Tax Rate: dollars/$1000 assessed value
Local Property Tax Rate (STAR) Deduction: dollars of home value
Local Property Tax Rate (STAR) Deduction, Seniors: dollars of home value
Local School Tax Rate: dollars/$1000 assessed value
Market Questions
Gross Domestic Product (per capita): dollars
Gross State Product (per capita): dollars (2002)

Average Spirit Bottle Capacity: gallons/bottle
Average Wine Bottle Capacity: gallons/bottle
Average 6-Pack Capacity: gallons/pack
Yearly Income: -
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Federal Income Tax: -
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Federal Social Security and Disability Tax: -
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Federal Medicare Tax: -
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Federal Capital Gains Tax: -
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Federal Corporate Income Tax: -
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Federal Phone Regulation Recovery Charge: -
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Federal Phone 911 Service Fee: -
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Federal Phone Excise Tax: -
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State Income Tax: -
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State Disability Tax: -
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State Sales Tax: -
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State Corporate Income Tax: -
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State Phone Telecommunications Excise Surcharge: -
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State Gasoline Tax: -
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State Cigarette Tax: -
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State Spirits Tax: -
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State Wine Tax: -
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State Beer Tax: -
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Local Sales Tax: -
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Local Property Tax: -
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Local School Tax: -
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Total Taxes: -
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Percentage of your income taken by government (Federal, State, and Local): -
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Amount of your money taken by the government each year (Federal, State, and Local): -
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Amount of money you have left each year after taxes: -
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Date at which you stop paying taxes and start working for yourself: -
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"The American Revolutionary War was initiated by the ratification of a 4% excise tax on tea."

Sources:

Individual Federal Income Tax Calculator for 2005, for federal income tax information
New York State Sales and Use Tax, for state and local sales tax information
NY State Sales Tax Calculator, for more state and local sales tax information
Tompkins County Department of Assessment, for local property and school tax information
"Trust Fund" Data, for federal Social Security/Disability and Medicare tax information
New York State Tax Table, for state income tax information
Tax Foundation Tax Data, for state gasoline, cigarette, and alcohol tax rates
Complying with the Disability Benefits Law, for state disability tax information
Capital Gains Tax Rates, for federal capital gains tax information
KPMG's Corporate Tax Rate Survey, for federal corporate income tax information
Corporate Income Tax, for state corporate income tax information
CIA - The World Factbook, for gross domestic product per capita information
New York: 2004 Economic Freedom Index, for gross state product per capita information

Related:

In a 2007 radio interview, a prominent Ithacan announces her plan to vote with her feet to escape the tax burden.

For questions, comments, or suggestions concerning this tax calculator, please e-mail the webmaster here.