Quote:
Originally Posted by Mutt
Americans making between 100-200K only pay 16.3% income tax? do Americans pay state income tax seperately? How much would that add to the %?
Canadians in that income bracket are in the mid 30% combining federal and provincial income tax.
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I'm looking at my pay stub right now.
Federal, about 10%
State, about 4%
Social Security, about 4%
Medicare, about 1.5%
So around 20% total.