Quote:
Originally Posted by Mutt
Americans making between 100-200K only pay 16.3% income tax? do Americans pay state income tax seperately? How much would that add to the %?
Canadians in that income bracket are in the mid 30% combining federal and provincial income tax.
|
I'm looking at my pay stub right now.
Federal, about 10%
State, about 4%
Social Security, about 4%
Medicare, about 1.5%
So around 20% total.
__________________
Vacares - Web Hosting, Domains, O365, Security & More -
Paxum and BTC Accepted
Windows VPS now available
Great for TSS, Nifty Stats, remote work, virtual assistants, etc.
Click here for more details.