by Mitch Kokai
Senior Political Analyst, John Locke Foundation
According to newly released data from the Bureau of Labor Statistics, Americans in 2021 once again spent more on average on taxes than they did on food, clothing and health care combined.
During 2021 … American “consumer units” spent an average of $15,495.28 on food, clothing and health care combined, while paying an average of $16,729.73 in total taxes to federal, state and local governments.
“A consumer unit” … “comprises either (1) all members of a particular household who are related by blood, marriage, adoption or other legal arrangements; (2) persons living alone or sharing a household with others or living as a roomer in a private home or lodging house or in a permanent living quarters in a hotel or motel, but who is financially independence; or (3) two or more person living together who use their income to make joint expenditure decisions.”
On average in 2021, American consumer units spent $8,289.28 on food; $1,754.39 on clothing (apparel and apparel-related services); and $5,451.61 on health care.
That equaled a combined $15,495.28.
At that same time, American consumer units were paying an average $16,729.73 in net total taxes.
These included $8,561.46 in federal income taxes; $5,565.45 in Social Security taxes; $2,564.14 in state and local income taxes; $2,475.18 in property taxes; $105.21 in other taxes—minus an average of $2,541.71 in stimulus payments received back from the government.
In 2020, … American consumer units paid an average of $17,148.12 in net total taxes and paid $13,927.74 for food, clothing and health care combined.
The $17,148.12 in net total taxes that consumer units paid on average in 2020 included $8,811.78 in federal income taxes; $5,392.35 in Social Security taxes; $2,429.71 in state and local income taxes; $2,353.42 in property taxes, and $71.87 in other taxes—minus an average $1,911.01 in stimulus payments received back from the government.