Total tax paid
$1,697
Did you know your employer also pays tax on your salary? It costs the employer $326 to pay you $6,648. In other words, every time you spend $10 of your hard-earned money, $2.55 goes to the government.
Real tax rate
24.3%
So, with you and the employer both paying tax, what used to be a 20.6% tax rate now rises to 24.3%, meaning your real tax rate is actually 3.7% higher than what it seemed at first.