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Latest revision as of 02:29, 24 February 2025

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10% (8.55% for healthcare and one specific.45% Medicare to General Revenue) for my employer and me is $15,612.80 ($7,806.40 each), which is less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.93 $8,994 = $10,125.93 my employer's share). For my wife's employer and her is $6,204.41 ($785.71 my wife's share and $785.71 $4,632.99 = $5,418.70 her employer's share). Lowering the amount in order to a two to three.5% (2.05% healthcare step 1.45% Medicare) contribution every for a total of 7% for lower income workers should make it affordable for both workers and employers.

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Bottom Line: The IRS doesn't worry about your social status. The government only likes you one thing- getting their money. You may need dodged the irs for now, but similar to they overly enthusiastic to Wesley Snipes- they will catch up to you. Don't be afraid in settling your Tax Debts!

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