crankyrebel@lemmy.dbzer0.com to Memes@lemmy.ml · 19 hours agoMe Living In the USlemmy.mlexternal-linkmessage-square67fedilinkarrow-up1620arrow-down122
arrow-up1598arrow-down1external-linkMe Living In the USlemmy.mlcrankyrebel@lemmy.dbzer0.com to Memes@lemmy.ml · 19 hours agomessage-square67fedilink
minus-squareArchangel1313@lemmy.calinkfedilinkarrow-up4arrow-down17·18 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-down1·18 hours agoAs a sole proprietor, yes we do.
minus-squareArchangel1313@lemmy.calinkfedilinkarrow-up1arrow-down5·16 hours agoThen you need to fire your accountant…or start taking their advice. Either way, you’re doing it wrong.
minus-squarebdonvr@thelemmy.clublinkfedilinkarrow-up1·17 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