3 ms·
If you're going to count the employer side of the payroll tax, you have to do so for the US too. Total payroll tax in the US is 15.3% (of which the employee pay
by nodamage 10y ago
If you're going to count the employer side of the payroll tax, you have to do so for the US too. Total payroll tax in the US is 15.3% (of which the employee pays half and the employer pays half). So go ahead and double that payroll tax to $15,300.
VAT is based on spending, so you can't assume that $5k is actually being spent on VAT. Besides, many cities in the US tack on their own sales tax and it gets close to 10% anyway (Seattle is 9.6%, Los Angeles is 9.5%, San Francisco is 8.75%)