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Latest revision as of 20:41, 6 August 2026


The old adage is crime doesn't pay, but one certainly can wonder sometimes about the accuracy of it given quantity of of politicians that find a way to be counterfeiters! Regardless, the fact you might be making money from a criminal offense doesn't mean you don't have to pay taxes. Correct. The IRS wants its unfair share of the ill gotten gains!

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10% (8.55% for healthcare and a person particular.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 in order to a two to three.5% (2.05% healthcare step 1.45% Medicare) contribution for each for a total of 7% for low income workers should make it affordable for both workers and employers.

And when you've got really in the reasoning behind this tax, around the globe a fair tax. The trucking industry may comfortably provide the backbone among the American economy, but they do take a significant toll over a roads, and when it weren't for taxes like this there would be no money to keep our roads maintained, safe, and freed from congestion.

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