Wages and salary are taxed identically.
is there an age limit on who pays fica taxes
Any salary a company pays you is always before taxes. So if a company offers $600/wk salary, that is before taxes. Your paycheck will reflect the net amount, and the net will be the same since you have the same gross for each paycheck.
Her annual salary will be 36590 subtract (7.65*12)
50 % of wage earners pay no taxes!!
yes rich people should pay more taxes because the middle class pays taxes to support the poor people there for the rich should help pay
Anybody that has earnings/wages.
The taxes taken from the populace and revenue from elsewhere which the government accrues.
The President does, either out of his salary (if he sends them to private school) or through the taxes he pays (if he uses the public school system).
"A plan where the government pays out more money than it takes in with taxes"
Whomever pays me wages.
is there an age limit on who pays fica taxes
Any salary a company pays you is always before taxes. So if a company offers $600/wk salary, that is before taxes. Your paycheck will reflect the net amount, and the net will be the same since you have the same gross for each paycheck.
Her annual salary will be 36590 subtract (7.65*12)
You really can't calculate your annual salary from your net pay due to taxes and deductions varying from each pay cycle. To find your annual salary you will need to multiply your gross (before taxes) pay by the number of pays in the year, or your pay frequency (see chart below). Pay Frequency = Number of Pays During Calendar Year Weekly = 52 pays a year Bi-Weekly = 26 pays a year Semi-Monthly = 24 pays a year Monthly = 12 pays a year For example, to calculate a bi-weekly pay frequency receiving $2,500 each pay (for 26 pays a year) multiply $2,500 * 26 = $65,000.
taxpayers.
50 % of wage earners pay no taxes!!
50 % of wage earners pay no taxes!!