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Revision as of 13:59, 20 July 2025


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The 'payroll' tax applies at a small percentage of the working income - no brackets. A good employee, instead of 6.2% of your working income for Social Security (only up to $106,800 income) and a person specific.45% of it for Medicare (no limit). Together they take much more 7.65% of one's income. There is no tax threshold (or tax free) regarding income for this system.

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