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A disgruntled ex-employed call the state, reported my family's glass business for sales tax evasion. Among the list of local state sales tax auditors called plan some time to pore through our books.
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But your employer in addition has to pay 7.65% with the income he pays you for your Social Security and Medicare health insurance. Most employees are unaware of the extra tax money your employer is paying for you. So, between you in addition employer, authorities takes 12-15.3% (= 2 times 7.65%) of the income. For anyone who is self-employed you won't the whole 15.3%.
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