State and local governments also take their cut. I believe the total is about 35...

		s1artibartfast 7 days ago \| parent \| context \| favorite \| on: Apple says it will add 20k jobs, spend $500B, prod... State and local governments also take their cut. I believe the total is about 35%. Important to note that outlays do not equal federal taxes, because spending exceeds revenue by a substantial margin.