2 ms·
Sure, but payroll taxes (~7.5% + 7.5% employer contribution) are a thing and that's another ~$5000 (or $10,000 if you include employer contribution) that the ho
by medvezhenok 5y ago
Sure, but payroll taxes (~7.5% + 7.5% employer contribution) are a thing and that's another ~$5000 (or $10,000 if you include employer contribution) that the household has to pay.
Also as grandparent mentioned, you pay exactly the same amount of taxes on your first $65K as the person making $65K does.
https://www.taxpolicycenter.org/sites/default/files/styles/original_optimized/public/2.1.1_figure3_1.png?itok=y8126r0u https://www.taxpolicycenter.org/sites/default/files/styles/o...