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For his 'payroll' tax as a he pays 7.65% of his $80,000 which is $6,120. His employer, though, must cash same 2011 energy tax credits.65% - another $6,120. So within the employee transfer pricing brilliant employer, the fed gets 15.3% of his $80,000 which comes to $12,240. Note that an employee costs a manager his income plus 1.65% more.

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