Re:U.S. adds just 266,000 jobs in April, far below expectations
by medvezhenok on Saturday May 08, 2021 @05:57PM
(#27091119)
Sure, but payroll taxes (~7.5% + 7.5% employer contribution) are a thing and that's another ~$5000 (or $10,000 if you include employer contribution) that the household has to pay.
Also as grandparent mentioned, you pay exactly the same amount of taxes on your first $65K as the person making $65K does.
Also as grandparent mentioned, you pay exactly the same amount of taxes on your first $65K as the person making $65K does.
https://www.taxpolicycenter.org/sites/default/files/styles/o...