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To: rintintin

It’s been a while since I saw a pay stub, but if I remember, there were separate deductions for federal income tax, state income tax and fica. The former two paid solely by the employee and the latter paid 50/50 employee/employer.


39 posted on 08/26/2020 1:00:42 PM PDT by bk1000 (Banned from Breitbart)
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To: bk1000

Yes. FICA is the social security tax. It’s also known as the payroll tax. It probably has that name because it is applied to EVERY worker - and every enployer (ie every payroll) - regardless of the size of the paycheck. In contrast, state and local income taxes aren’t even applied to lower income workers. So people at the lower end will only see one tax on their paystubs - FICA , the payroll tax.


41 posted on 08/26/2020 1:09:49 PM PDT by rintintin
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