2 ms·

Payroll is mostly the employees money gping to social programs.

• tonyedgecombe 9mo ago
  I didn’t think payroll taxes were hypothecated in the US?
  • legitronics 9mo ago
    In general, no they aren’t. But there is the social security tax, which is individually tracked and collectively allocated for that office. And the Medicare tax which goes off directly to that program. These two constitute a major component of money going into the system.
  • nickff 9mo ago
    There was a time when that was the intent, but it doesn’t really matter anymore, as there are not enough payroll taxes to cover the programs anymore.