Total tax paid
$1,975
Did you know your employer also pays tax on your salary? It costs the employer $560 to pay you $9,101. In other words, every time you spend $10 of your hard-earned money, $2.17 goes to the government.
Real tax rate
20.4%
So, with you and the employer both paying tax, what used to be a 15.5% tax rate now rises to 20.4%, meaning your real tax rate is actually 4.9% higher than what it seemed at first.