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s1artibartfast
on Aug 27, 2021
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Apple chief executive Tim Cook gets $750m payout
I think medicare is capped after your first 140K of income, so it is a rounding error. Tax is still a huge cut.
bzbarsky
on Aug 27, 2021
[–]
You're thinking social security. Medicare is very much not capped, and in fact you only hit the 2.35% rate after 200k individual or 250k family income; it's 1.45% before that (for the employee side).
s1artibartfast
on Aug 27, 2021
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You are correct, thanks
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