Details Of 2010 Federal Income Taxes: Difference between revisions

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10% (8.55% for healthcare and individual.45% Medicare to General Revenue) for my employer and me is $15,612.80 ($7,806.40 each), which is less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.93 $8,994 = $10,125.93 my employer's share). For my wife's employer and her is $6,204.41 ($785.71 my wife's share and $785.71 $4,632.99 = $5,418.70 her employer's share). Lowering the amount right down to a iii.5% (2.05% healthcare 7.45% Medicare) contribution per for an overall of 7% for low income workers should make it affordable each workers and employers.

And a person really with the reasoning behind this tax, around the globe a fair tax. The trucking industry may high provide the backbone of the American economy, but they take a significant toll with a roads, and in case it weren't for taxes like this there would be no money to keep our roads maintained, safe, and freed from congestion.

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