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Americans Spent More on Taxes in 2020 than Food, Clothes, Health, and Entertainment Combined

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According to a new report, Americans wasted more of their money on taxation than on everything else combined in 2020.

The numbers come from the Bureau of Labor Statistics, CNS News reported on Monday.

American “consumer units,” as BLS calls them, spent a net total of $17,211.12 on taxes last year while spending only $16,839.89 on food, clothing, healthcare and entertainment combined, according to Table R-1 of the BLS Consumer Expenditures Survey.

“Consumer units,” BLS explains, “include families, single persons living alone or sharing a household with others but who are financially independent, or two or more persons living together who share major expenses.”

In 2020, according to Table R-1, American consumer units paid an average of $8,811.78 in federal income taxes, while getting back $1,911.01 in stimulus payments. They also paid an average $2,492.71 in state and local income taxes; $5,392.35 in Social Security taxes; $2,353.42 in property taxes; and $71.87 in “other taxes.”

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That equaled a net total of $17,211.12 in taxes.

At the same time, American consumer units were paying an average $7,316,47 for food; $1,434.26 for “apparel and services” (clothing); $5,177.01 for healthcare and $2,912.15 for entertainment.

That equaled $16,839.89.

Once totaled up, on average Americans spent $371 more on taxation than they did everything else last year.

And what did Americans get for this wasted money?

About nothing of value.

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About the Author:
Warner Todd Huston has been writing editorials and news since 2001 but started his writing career penning articles about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN, and several local Chicago News programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a "target rich environment" for political news.