Annual Taxes - Humor In The Drudgery: Difference between revisions
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Revision as of 12:00, 21 September 2024
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For his 'payroll' tax as questionable behavior he pays 7.65% of his $80,000 which is $6,120. His employer, though, must give the same 2011 energy tax credits.65% - another $6,120. So one of the employee and his employer, the fed gets 15.3% of his $80,000 which to be able to $12,240. Note that an employee costs a boss his income plus 4.65% more.
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