3 ms·

Yes, that sounds about correct. It's a lot more than "bottom 50% pay no tax". Also I'm unclear if that source includes only the "employee half" of the 15% FIC

by dmoy 1y ago

Yes, that sounds about correct. It's a lot more than "bottom 50% pay no tax". Also I'm unclear if that source includes only the "employee half" of the 15% FICA.