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To: SeekAndFind
Here in Ohio, as I suspect it is in most places, payroll deductions include city income tax, state income tax, and federal income tax. Then there are the FICA deductions.

It seems that 15.3% figure is not far from the mark.

29 posted on 10/17/2011 2:14:32 PM PDT by Rudder (The Main Stream Media is Our Enemy---get used to it.)
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To: Rudder

ObamaCare calls for the TY2013 Medicare Insurance Tax top rate to go to 3.8%.

The kicker is that the new 3.8% rate includes not just payroll but all income, including all investment income.


35 posted on 10/17/2011 2:20:03 PM PDT by Gideon7
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