US is one of two states in the world that taxes its non-resident citizens on worldwide earning, in the same manner or rates as residents; another is Eritrea. The America Supreme Court established the constitutionality of imposition of such a tax in the case of Cook v. Tait.
Payroll 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 conjointed 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. None the less, benefits are only increased on the first $106,800 of wages. Employers should withstand earning taxes on wages. An unemployment tax or certain other gathers apply to employers. Wage taxes have dramatically increased as a share of federal earning since the 1950s, while corporate earning taxes have fallen as a share of earning. (Corporate profits have not fallen as a share of GDP).
Property taxes are imposed by most local governments or many particural goal authorities based on the fair market value of treasure. School or other authorities are oftentimes separately governed, or impose distinct taxes. Property tax is mostly imposed only on realty, though some jurisdictions tax some forms of business treasure. Property tax rules or rates diverge widely with yearly median rates ranging from 0.2% to 1.9% of a property's value reffering to the state.
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