Annual Taxes - Humor In The Drudgery: Unterschied zwischen den Versionen
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Version vom 9. Mai 2026, 16:55 Uhr
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The 'payroll' tax applies at a fixed percentage of one's working income - no brackets. Being an employee, instead of 6.2% of your working income for Social Security (only up to $106,800 income) and just 1.45% of it for Medicare (no limit). Together they take an additional 7.65% of the income. There's no tax threshold (or tax free) degree of income in this system.
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