An America is one of two countries in the world that taxes its non-inhabitant citizens on worldwide revenue, in the same method and rates as inhabitants; the other is Eritrea. The America Supreme Court upheld the constitutionality of imposition of such a tax in the case of Cook v. Tait.
Payroll taxes are enforced by the federal and all state governments. These include 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 thru 2011. Nonetheless, advantages are only accrued on the first $106,800 of salary. Employers should withhold revenue taxes on salary. An unemployment tax and specific other gathers apply to employers. Salary taxes have dramatically increased as a part of federal revenue since the 1950s, while company revenue taxes have fallen as a part of revenue. (Corporate profits have not fallen as a part of GDP).
Property taxes are enforced by most local governments and many particural objective authorities refer to the fair market value of property. School and other authorities are often separately governed, and impose separate taxes. Property tax is mostly enforced only on realty, though several jurisdictions tax several forms of business property. Property tax rules and rates vary widely with yearly median rates ranging from 0.2% to 1.9% of a property's value basing on the state.
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