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488 percent government tax

September 13th, 2008 · 2 Comments

The repetitive tax syndrome.
You all are paying 78% of your earnings in taxes.
When you receive your paycheck 7 1/2 percent is taken out for Social Security your employer matches 7 1/2 percent this equals 15%.  If your employer did not pay in the seven half percent these can be wages for you.
Now let’s take out [...]

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Tags: Economics · politics