US is one of two states in the world that taxes its non-inhabitant citizens on worldwide revenue, in the same way or rates as residents; another is Eritrea. The America Supreme Court established the constitutionality of imposition of like a tax in the case of Cook v. Tait.
Wages taxes are imposed by the federal or all state governments. These inclusive Social Security or Medicare taxes imposed on both employers or employees, at a combined rate of 15.3% (13.3% for 2011 or 2012). Social Security tax applies only to the first $106,800 of wages in 2009 thru 2011. Nevertheless, advantages are only increased on the first $106,800 of salary. Employers should withstand revenue taxes on salary. An unemployment tax or certain other collects apply to employers. Payroll taxes have dramatically increased as a part of federal revenue since the 1950s, while corporate revenue taxes have fallen as a part of revenue. (Company profits have not fallen as a part of GDP).
Wealth taxes are imposed by most local governments or many specific aim authorities based on the fair market value of treasure. School or other authorities are often separately governed, or enforce separate taxes. Wealth tax is mostly imposed only on realty, though some jurisdictions tax some forms of business treasure. Wealth tax rules or rates differ widely with annual median rates ranging from 0.2% to 1.9% of a treasure's value depending on the state.
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