Difference between revisions of "Getting Rid Of Tax Debts In Bankruptcy"
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Revision as of 14:11, 10 November 2024
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The 'payroll' tax applies at a small percentage of your working income - no brackets. With regard to employee, fresh 6.2% of the 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 a lot more 7.65% of the income. There's no tax threshold (or tax free) level of income for this system.
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