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| Re: ''Don't let anybody tell you that businesses create jobs'' (1236754) | |||
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Re: ''Don't let anybody tell you that businesses create jobs'' |
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Posted by AlM on Mon Oct 27 12:29:05 2014, in response to Re: ''Don't let anybody tell you that businesses create jobs'', posted by Dave on Sun Oct 26 20:55:11 2014. Your Social Security and Medicare taxes are $2,677.50 ($35,000 x .0765%). Your Adjusted Gross Income is $32,332.50.No, your Adjusted Gross Income is $35,000. I was only referring to Social Security tax due from the individual, not total federal tax liability due from both employer and employee, when I said that "paying double" is roughly correct. |
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