Publication

Article

Physician's Money Digest

March31 2004
Volume11
Issue 6

Working for Uncle Sam

It's rare for a busy physician to put in an 8-hour workday, but assuming you did, how much of that day would you have to work just to make enough to pay state and federal taxes? According to the Tax Foundation (www.taxfoundation.org), the answer is sobering—nearly 2 1/2 hours a day. Here's a breakdown of the average 8-hour workday in 2003:

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