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  2. FICA Tax Rate for 2023-2024: Everything You Need To Know - AOL

    www.aol.com/finance/fica-tax-rate-2023-2024...

    A type of payroll tax known as FICA funds a significant portion of these programs. ... It changes from year to year; the max Social Security taxable income for tax-year 2023 is $162,300, and for ...

  3. Tax withholding in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_withholding_in_the...

    Social Security tax is withheld from wages [9] at a flat rate of 6.2% (4.2% for 2011 and 2012 [10]). Wages paid above a fixed amount each year by any one employee are not subject to Social Security tax. For 2023, this wage maximum is $160,200. [11] Medicare tax of 1.45% is withheld from wages, with no maximum. [12] (This brings the total ...

  4. Federal tax revenue by state - Wikipedia

    en.wikipedia.org/wiki/Federal_tax_revenue_by_state

    This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state , the District of Columbia , and Puerto Rico .

  5. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Payroll taxes were among the most regressive in 2010. In the United States, payroll taxes are assessed by the federal government, many states, the District of Columbia, and numerous cities. These taxes are imposed on employers and employees and on various compensation bases. They are collected and paid to the taxing jurisdiction by the employers.

  6. Payroll tax - Wikipedia

    en.wikipedia.org/wiki/Payroll_tax

    The other type of Swedish payroll tax is the income tax withheld , which consists of municipal, county, and, for higher income brackets, state tax. In most municipalities, the income tax comes to approximately 32 percent, with the two higher income brackets also paying a state tax of 20 or 25 percent respectively.

  7. Minnesota officials say error in tax cut bill could cost ...

    www.aol.com/news/minnesota-officials-error-tax...

    Here's what AOL readers were buying during the Cyber Monday sale at Walmart

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