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About 11% of your income goes to federal tax, 6.2% goes to social security and 1.45% to medicaid plus state tax which differs for each state.
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How did the US pay for much of the war?
Taxes, mostly.
Does a US citizen who inherits money and property in Bahamas from a grandparent in the Bahamas have to pay taxes in either or both countries?
Yes that is a very good question the answer is no they do not have to pay taxes in The Bahamas because the Bahamas is a tax free country but, they don't have to pay taxes in the united states because there property is over here in a tax free country and only if you keep your money in the bank of the Bahamas you can avoid paying taxes but if you transfer your money and your property to the US you will have to pay taxes
Should the US stop immigration?
yes, because all the illegal Mexicans are taking our jobs because they will work for less money!! They also don't have to pay much taxes so we pretty much pay their taxes to go to school and to see doctors :}
Where does the US government get the money to pay representatives and senators?
From taxes collected by the federal government.
What other countries pay taxes besides the US?
They all do (many pay a much higher percentage than the US).
Does a US Citizen have to pay taxes on inheritance money from outside the country?
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How much money will you make if you get paid 29.12 per hour and work for 39.5 hours?
1150.24, BEFORE TAXES. That is your gross pay. From that you need to deduct any taxes. In the US, that will include any income taxes, Medicare taxes and Social Security taxes. Since we do not know your tax status or the rates where you live, we cannot tell you how much that is.
Do US olympic athletes pay taxes on their winnings?
no they do not have to pay taxes on their winnings.
How did new immigrants hurt Americans?
Are you referring to the problems we're having with illegal immigration from Mexico? If so:Basically, Americans dislike the fact that immigrants do not have to pay for taxes or medical bills, and we pretty much support them through the money taken from us for taxes. Even though we are forced to work, pay taxes, and pay for medical treatment in order to survive, they normally don't.
Do Olympians pay taxes on money paid to them by the us Olympic committee for winning?
9,000 tax if gold is won
IF you work in Mexico do you have to pay Mexico taxes if the company that pays you is registered in the US?
Yes, any activity you are doing in Mexico that makes money, you have to pay taxes, no matter what your company is registered in other company.
Does the US Congress pay taxes?
The members and people working in and for the US Congress pay taxes just like any American resident. However the body itself does not pay taxes.
