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The United States has federal payroll taxes of which half are paid by the employer.
by wat10000 1y ago
The United States has federal payroll taxes of which half are paid by the employer.
- flanked-evergl 1y agoSocial Security and Medicare (FICA) is not exactly a tax, if that is what you are talking about. There is FUTA (Federal Unemployment Tax) paid by employers, but this is quite low, certainly not a significant portion of tax revenue.
- wat10000 1y agoThe IRS calls it a tax. In what sense is it not exactly a tax? It’s a mandatory payment to the government. It functions like a tax and it’s called a tax.