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In addition to income tax, a wage earner would also have to pay Federal Insurance Contributions Act tax (FICA) (and an equal amount of FICA tax must be paid by the employer): $40,000 (adjusted gross income) $40,000 × 6.2% [36] = $2,480 (Social Security portion) $40,000 × 1.45% = $580 (Medicare portion)
Using that approach, the SEC required that a broker-dealer subject to the Basic Method maintain "net capital" equal to at least 6-2/3% of its "aggregate indebtedness." This is commonly referred to as a 15 to 1 leverage limit, because it meant "aggregate indebtedness" could not be more than 15 times the amount of "net capital."
Warnecke consulted with Jacqueline Kennedy about the design of the grave many times over the following year. [8] Hundreds of architectural drawings and models were produced to explore design ideas. [ 9 ] [ 42 ] On April 6, 1964, Warnecke sent a memorandum to her in which he outlined his desire to retain the eternal flame as the centerpiece of ...