Under 999, I have yet to figure out where the payroll taxes go. They don’t just disappear, they’re still paid somewhere. I assume that it’s the 9% business tax. So, how does that effect individuals? Does the employer pay the employee’s payroll taxes?
One page summary PDF here:
999-for-web-10-12.pdf Specifically states that the payroll tax is eliminated. It does not address funding Social Security but I expect it will be funded similar to the FairTax with a dedicated portion of the taxes collected.