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To: ArGee
If I understand correctly, employers pay a payroll tax based on how much they pay us. This is not at all connected to the witholding of taxes from our paycheck.

The payroll tax employers pay is entirely based on what they withold from your check. The employer also much match your FICA taxes.

274 posted on 08/25/2005 2:09:18 PM PDT by Always Right
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To: Always Right
The payroll tax employers pay is entirely based on what they withold from your check.

Sorry for this late response. Let me try to rephrase my point.

I believe the payroll tax is paid entirely by the employer, not witheld from my paycheck. Is that not the case? Ancient Geezer has already said the fair tax plan eliminates the payroll tax.

Shalom.

519 posted on 08/30/2005 5:11:16 AM PDT by ArGee (So that's how liberty dies, with thunderous applause. - Padme Amidala)
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