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Latest revision as of 13:43, 1 November 2026

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The wealthy people who have been nailed to have unreported Swiss bank accounts at the UBS bank are facing such levies. The penalties are fines and jail time - not something you really want to tangle these types of days. 10% (8.55% for healthcare and individual.45% Medicare to General Revenue) for kontol my employer and me is $15,612.80 ($7,806.40 each), which is less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.93 $8,994 = $10,125.93 my employer's share).

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