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Latest revision as of 12:44, 7 September 2026


The old adage is crime doesn't pay, but one certainly can wonder sometimes about the precision of it given how many of politicians that find a way to be criminals! Regardless, the fact the making money from an offence doesn't mean you don't have to pay taxes. That's right. The IRS wants its unfair share of your ill gotten gains! 10% (8.55% for healthcare and 8.45% Medicare to General Revenue) for anjing 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).

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For the class warfare that the politicians like to use, I compare my finances on the median bodies. The median earner pays taxes of 8.9% of their wages for the married example and a half-dozen.3% for the single example. I pay 11.7% for my married income, which can 5.8% more than the median example. For the 10 year plan those number would change to 5.2% for the married example, 11.

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