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When I enter the same, I see 67.17% 25.97% from taxes: 19.73 federal, 6.24 state. Social Security: 5.34% Medicare: 1.45% edit: scratch that, NYC is 63.28. A
by t-writescode 6y ago
When I enter the same, I see 67.17%
25.97% from taxes: 19.73 federal, 6.24 state.
Social Security: 5.34%
Medicare: 1.45%
edit: scratch that, NYC is 63.28.
Americans tend to treat taxes and social security as separate, though. The tax percentage is 29.87% in NYC
- varispeed 6y ago> Americans tend to treat taxes and social security as separate, though. Here is similar, but for some time now the government can transfer money between pots (e.g. spend social security money on something else), so essentially this is just cosmetic.