Total tax paid
$375
Did you know your employer also pays tax on your salary? It costs the employer $44.24 to pay you $2,000. In other words, every time you spend $10 of your hard-earned money, $1.87 goes to the government.
Real tax rate
18.3%
So, with you and the employer both paying tax, what used to be a 16.5% tax rate now rises to 18.3%, meaning your real tax rate is actually 1.8% higher than what it seemed at first.