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The Tax Reform Act of 1986 reduced the particular rate to 28%, in the transfer pricing same time raising the bottom rate from 11% to 15% (in fact 15% and 28% became since it is two tax brackets). But your employer additionally has to pay 7.65% of the items income he pays you for your Social Security and Treatment. Most employees are unaware of extra tax money your employer is paying you. So,
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