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20 September, 06:16

Which statements about payroll taxes are true? Check all that apply.

Education and infrastructure receive a portion of the funds from payroll taxes.

Everyone pays the same percentage, regardless of income.

Payroll taxes are progressive based on income.

Payroll taxes support Social Security and Medicare.

Employers pay a set percentage of payroll taxes.

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  1. 20 September, 06:38
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    These are the true statements about payroll taxes:

    Education and infrastructure receive a portion of the funds from payroll taxes.

    Payroll taxes are progressive based on income.

    Payroll taxes support Social Security and Medicare.

    Employers pay a set percentage of payroll taxes.

    The second statement is wrong because in the current taxation system of united states, employee with higher salary will have to pay a higher rate of payroll tax compared to those with lower salary.
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