crankyrebel@lemmy.dbzer0.com to Memes@lemmy.ml · 13 hours agoMe Living In the USlemmy.dbzer0.comexternal-linkmessage-square59fedilinkarrow-up1542arrow-down120
arrow-up1522arrow-down1external-linkMe Living In the USlemmy.dbzer0.comcrankyrebel@lemmy.dbzer0.com to Memes@lemmy.ml · 13 hours agomessage-square59fedilink
minus-squareArchangel1313@lemmy.calinkfedilinkarrow-up4arrow-down16·12 hours agoNo one in the US pays 30% income tax. Only the top 10% have to pay more than 30%…and they’re rich enough to qualify for so many tax breaks at that point, that their effective rate is less than half that.
minus-squareParadachshund@lemmy.todaylinkfedilinkarrow-up10arrow-down1·12 hours agoAs a sole proprietor, yes we do.
minus-squareArchangel1313@lemmy.calinkfedilinkarrow-up1arrow-down5·10 hours agoThen you need to fire your accountant…or start taking their advice. Either way, you’re doing it wrong.
minus-squarebdonvr@thelemmy.clublinkfedilinkarrow-up1·11 hours agoYeah I just checked and I’m looking at around 15-16% adding together federal tax+FICA/FMHI
No one in the US pays 30% income tax. Only the top 10% have to pay more than 30%…and they’re rich enough to qualify for so many tax breaks at that point, that their effective rate is less than half that.
As a sole proprietor, yes we do.
Then you need to fire your accountant…or start taking their advice. Either way, you’re doing it wrong.
Yeah I just checked and I’m looking at around 15-16% adding together federal tax+FICA/FMHI