Tag: FICA
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What is your total annual federal income tax, NJ state income tax, and FICA taxes? What is your average tax rate (combined for all three taxes)?
Free cash flow is the amount of cash that a company has left over after it has paid for all of its expenses. In other words, it is the amount of money that can be reinvested in new project or paid out to investors without having to expand operations or running down its existing operations.…
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How does our current top federal income tax rate (highest individual income tax “bracket”) compare to historical levels?
CHAPTER 8: Personal Income Taxes & Hard Times To me this section is drier, more boring, than most. So let’s start with a concise and enjoyable Minority Mindset video, on “taxes:” “Save Money By Avoiding The Idiot Tax (6 Examples),” 6¾ minutes: https://www.youtube.com/watch?v=jydge9dLYz0. In case you’re wondering, two things are true:…