Paying Taxes Can Tax The Better Of Us: Difference between revisions

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10% (8.55% for healthcare and a.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). Reducing the amount down to a or even more.5% (2.05% healthcare 1.45% Medicare) contribution for each for a total of 7% for lower income workers should make it affordable each workers and employers.

The increased foreign earned income exclusion, increased income tax bracket income levels, and continuation of Bush era lower tax rates are all good news for all American expats. Tax rules for expats are complicated .. Get the a specialist you need to file your return correctly and minimize your Ough.S. tax.

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