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Version du 12 mai 2026 à 20:45
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The 'payroll' tax applies at quick percentage of one's working income - no brackets. The employee, get yourself a 6.2% of the working income for Social Security (only up to $106,800 income) and sole.45% of it for Medicare (no limit). Together they take even more 7.65% of the income. There's no tax threshold (or tax free) level of income for this system.
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