=+$143,640 ________ Tax rates assumed: Social security, 6% on first $100,000 of employee annual earnings Medicare, 1.5%
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=+$143,640 ________ Tax rates assumed:
Social security, 6% on first $100,000 of employee annual earnings Medicare, 1.5%
State unemployment (employer only), 4.2%
Federal unemployment (employer only), 0.8%
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