5000$
Between 26 and 48% of their wage.
50 % of wage earners pay no taxes!!
50 % of wage earners pay no taxes!!
The top 1% of wage earners (those earning over $388,806 a year and who make about 18% of income in the country) pay 39.89% of all federal income taxes. When it comes to total federal taxes (not just income tax), the top 1% paid 28% of taxes.86.27% of federal income taxes are paid by the top 25% of wage earners (those making over $64,702). The bottom 50% of wage earners in the country actually have a negative tax rate due to the payouts from the government being more than they pay in taxes.http://www.ntu.org/main/page.php?PageID=6http://cbo.gov/ftpdocs/88xx/doc8885/EffectiveTaxRates.shtml
What's the average pay for a General Clerk II working as a contractor for the Federal Government.
Taxes on income earned in the US is the same for all wage earners.
Each state has a minimum wage level, that is either equal or more than the federal government's minimum wage. There are many JOBS that only pay minimum wage, but unless you or the job you're working under don't meet the minimum wage guidelines set forth by your state, you should be earning at least what your state's minimum hourly wage is.
It is important to note that the 47% do not pay Federal Income tax. They still pay pay any applicable city or state income taxes! They still pay the 7.65% combined Social security and Medicare taxes! They still pay real estate taxes, directly or via their rent payments in all localities that have real-estate taxes, which is probably everywhere in the U.S.! They still pay sales taxes on their retail purchases, which is proportionally higher for lower income people than it is for higher income people, since they spend a higher percentage of their income at retail! If one ignores the charitable giving of the wealthy, then some of the 47% actually contribute more financially to society than some of the wealthy do!
A company paying wages in Michigan must meet the Federal guidelines for paying minimum wage. The current Michigan minimum wage is actually less than the Federal minimum set, so employers must pay the Federal minimum for many different types of jobs.
He wanted the federal government to assume and pay all state debts.
Typically, store associates at an OfficeMax Super Store start at minimum wage. Federal minimum wage is currently at $7.25; however, OfficeMax will pay what ever the state minimum wage is or federal minimum wage - whichever is higher. OfficeMax does give raises to store associates but it isn't common.