USA is one of two states in the world that taxes its non-resident citizens on worldwide earning, in the same manner and 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.
Wages taxes are enforced by the federal or all state governments. These inclusive Social Security and Medicare taxes enforced on both employers and employees, at a combined rate of 15.3% (13.3% for 2011 and 2012). Social Security tax applies only to the first $106,800 of wages in 2009 through 2011. Nevertheless, benefits are just accrued on the first $106,800 of wages. Employers should restrained earning taxes on wages. An unemployment tax also specific other levies apply to employers. Salary taxes have dramatically raised as a part of federal revenue since the 1950s, while corporate income taxes have fallen as a part of income. (Corporate profits have not fallen as a share of GDP).
Treasure taxes are enforced by most local governments or many particural purpose authorities refer to the fair market value of property. School also another authorities are oftentimes separately governed, also impose separate taxes. Treasure tax is usually imposed only on realty, though several jurisdictions tax several forms of business property. Property tax rules and rates vary widely with annual median rates ranging from 0.2% to 1.9% of a property’s value reffering to the state.