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Revision as of 10:55, 5 August 2026

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10% (8.55% for healthcare and 5.45% 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). Decreasing the amount down to a 3 or more.5% (2.05% healthcare 1.45% Medicare) contribution everyone for an overall of 7% for low income workers should make it affordable for workers and employers.

And a person really from the reasoning behind this tax, it really is a fair tax. The trucking industry may comfortably provide the backbone among the American economy, but they take a whopping toll on the roads, and if it weren't for taxes like this there is usually no money to keep our roads maintained, safe, and involving congestion.

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