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For households that have money away from $1 million or more, just about twenty-five% are susceptible to the brand new payroll income tax. For these that have money from $10 million or more (averaging from the $30.4 million per), no more than 12% on average are at the mercy of the brand new payroll tax — after which merely to the brand new FICA cap. Pros and companies for each and every pay a supplementary step 1.45%, and no cap, to simply help finance Medicare. The brand new richest taxpayers can be subject to a good step 3.8% tax to the some of their money income.
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