Through the proposed DTC / GST legislations, brand new has acknowledged the need for new revenue system but the proposed new laws apparently appear become even complex then existing one. For his 'payroll' tax as a workforce he pays 7.65% of his $80,000 which is $6,120. His employer, though, must funds same 2.65% - another $6,120. So within the employee brilliant employer, the fed gets 15.3% of his $80,000 which comes to $12,240. Note that an employee costs a manager his income plus 6.65% more...