If you're trying conserve lots of money, you need to know simply how much the federal government is taking from what you earn. Individuals just do not. Finding out will show you why it is hard to get ahead. This article shows how the fed gets 35.4% of $80,000 working income. Conversely, earned income abroad, and residual income from foreign securities, rental, or other items abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, can be as credits against U.S. taxes...