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Revision as of 03:34, 22 September 2026
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For employee, get yourself a 6.2% of your working income for Social Security (only up to $106,800 income) and 1.45% of it for Medicare (no limit). Together they take much more 7.65% of your income. There's no tax threshold (or tax free) involving lanciao income in this system. Aside to the obvious, rich people can't simply demand tax debt help based on incapacity fork out for. IRS won't believe them in. They can't also declare bankruptcy without merit, to lie about it would mean jail for these kinds of.
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