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Latest revision as of 13:45, 16 September 2026


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But your employer additionally has to pay 7.65% with the income he pays you for your Social Security and Medicare health insurance. Most employees are unaware of the extra tax money your employer is paying for. So, between you together with employer, the us government takes 14.3% (= 2 times 7.65%) of one's income. In case you are self-employed pay out the whole 15.3%. Of course to avoid having move through every one of this, please keep your earnings tax papers in a safe location where you're retrieve them when require to them.


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