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The 'payroll' tax applies at a hard percentage of the working income - no brackets. With regard to employee, get yourself a 6.2% of one's working income for Social Security (only up to $106,800 income) and specific.45% of it for Medicare (no limit). Together they take an additional 7.65% of the income. There's no tax threshold (or tax free) associated with income to do this system.

However definitely will find out that your current some variations in 2010 rules and the 2009 rules. Some those differences are on behalf of the overall tax bracket threshold. Calls for a major change in this particular field one and only. All the other fields are left untouched generally there is considerably difference in so far as they are.

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