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- Within the 2002, Musk obtained Us citizenship, which October e-bay acquired PayPal to possess $step one.5 billion.
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For households that have money from $1 million or higher, no more than twenty five% try subject to the fresh payroll income tax. For these with money from $ten million or more (averaging regarding the $29.cuatro million for each and every), only about a dozen% on average try at the mercy of the brand new payroll income tax — and merely as much as the fresh FICA cap. Specialists and companies for each pay an extra step 1.45%, with no limit, to aid finance Medicare. The fresh richest taxpayers can be at the mercy of an excellent step 3.8% tax to the some of its funding income.
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