EI (Employment Insurance) Maximum for the Year 2010 Your rate of EI premiums (excluding employees working in the province of Quebec), for the 2010
taxation year remains at 1.73 % of insurable earnings.
Not exact matches
FICA and Medicare taxes have
remained the same for several
years, but the upper limit for
taxation of Social Security has increased.
Assuming the limit
remained at # 1M, and assuming an annualised market return of 9 %, I would only need to make 3
years of contributions (# 120K) to breach the # 1M limit by retirement age - which would result in
taxation on the difference (and hence poor financial planning in hindsight!).
In Italy
taxation reached 63 %, basically each
year you work until July to pay the greedy State and the next 5 months you earn what it
remains to earn, and everything is crap: almost no justice, streets full of holes, pollution, corruption.
As for the 2
years, the
taxation remains the same for FDs or debt funds.