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Latest revision as of 11:13, 10 March 2025

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For his 'payroll' tax as a staff member he pays 7.65% of his $80,000 which is $6,120. His employer, though, must cash same 7.65% - another $6,120. So within the employee amazing employer, the fed gets 15.3% of his $80,000 which for you to $12,240. Keep in mind that an employee costs a manager his income plus 4.65% more.

Copyright 2010 by RioneX IP Group LLC. All rights set-aside. This material may be freely copied and distributed subject to inclusion of these copyright notice, author information and all of the hyperlinks are kept complete.