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- Inside 2002, Musk acquired Us citizenship, which Oct e-bay acquired PayPal to possess $step one.5 billion.
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To possess properties that have earnings away from $1 million or more, no more than twenty-five% is actually susceptible to the brand new payroll taxation. For those with money out of $ten million or higher (averaging regarding the $29.4 million for each), only about twelve% an average of try at the mercy of the newest payroll taxation — after which only as much as the brand new FICA cap. Pros and you may employers for each pay a supplementary step one.45%, with no cap, to help finance Medicare. The new wealthiest taxpayers can certainly be susceptible to a 3.8% tax on the the the funding income.
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