Paying Taxes & 30 Years Ago

How much will you pay in taxes in your lifetime? Dangerous Dave talks about the average of nearly 525,000 we will pay. Plus, things that happened 30 years ago.

Episode Transcript

(00:00):
Please he's stuber in the den withdangerous day, so deadline coming up Monday.
For taxes, study found the averageAmerican going to pay about five hundred
and twenty five thousand dollars in taxesin their lifetime. Yeah, that's not
just income taxes, taxes on salestax, property tax altogether, but thirty
five percent of all the money weearn goes to taxes. It depends upon

(00:22):
where you live, though, peoplein the state that actually cough up the
most half their earnings. In NewJersey fifty four percent of your money gets
taxed, Connecticut next for forty ninepercent, Vermont, and New York at
forty five percent. That's compared topeople in Alaska who have it pretty easy
at just twenty five percent. Nostatewide tax in Alaska, so that's the
reason. After that Delaware twenty sixpercent, Louisiana twenty seven percent. Google

(00:45):
Trends looked at the top questions weask ahead of tax day, is it
better to file jointly or separately,how to file a tax extension? And
how often does the IRS audit?The answer is about one in five hundred
returns, or a point two percentchance, but higher if you earn a
lot. People who make over tenmillion dollars a year have about a one
and forty chance of being audited.It's, in other words, my chance,

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not a snowball's chance in hell Deeperin the two well Oj Simpson has
died makes us think back to thenotorious slow speed White Bronco Chase. Remember
that every TV back in June ofnineteen ninety four. Can you believe that's
thirty years ago? To put thisin perspective, here's ten other things from
the spring of ninety four to demonstratehow long ago that was. March of

(01:30):
nineteen ninety four, the People's Republicof China got their first ever connection to
the Internet. On April fifth,Kurt Cobaine of Nirvana took his own life.
On May tenth, there was asolar eclipse, a solar eclipse that
had It was a partial eclipse,so and it had a similar path stretching
from Mexico through Ohio. May twentysix, Michael Jackson married Lisa Marie Presley,

(01:53):
and on June fifteenth, Lin Kinghit theaters number one songs over that
stretch Ace of Bass. The signtop scripted TV shows were Home Improvement,
Seinfeld Roseanne Grace Underfire Coach Friends hadn'teven been seen yet, as that didn't
debut till later in the year.Internet got reel in ninety four with the
founder of Yahoo and Amazon dot Com, entrepreneur named Gary Kreman foundedmatch dot com,

(02:19):
also registered the first domain, sexdot com. Major League Baseball was
headed towards a player strike which wouldend up canceling the World Series and the
biggest sensation for kids thirty years ago, the mighty morphin Power Rangers. Now
do you feel old to me again? For another episode of Deeper in the
Den with Dangerous Dave play year