A Long-considered Project

This blog documents how much a married couple in Los Angeles pays in taxes over the course of a year. For a long time I have wondered exactly how much of our income goes toward government spending, and in what ways. Of course, taxes are documented; so, it’s simple to know that, in general, we pay federal, state, sales, gasoline, and telecommunications taxes. One website further enumerates kinds of taxes and estimates how much the average person pays. However, neither of these is very satisfying to me.

Thus, in 2010, we intend to keep a journal of every source of income and every expenditure so that we can share with the public exactly how much we pay in taxes. We will share with you pay stubs and receipts, and together we will categorize and analyze them to build an understanding of “where it all goes.”