An addendum to [1], social security tax in the US is capped, with the cutoff being around $105k of individual income, so there may be a local dip there in percentage where the increasing income tax doesn’t balance the 11% that goes to social security before that point.
An addendum to [1], social security tax in the US is capped, with the cutoff being around $105k of individual income, so there may be a local dip there in percentage where the increasing income tax doesn’t balance the 11% that goes to social security before that point.