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A Bill to Fix Social Security (by increasing taxes)

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A Bill to Fix Social Security (by increasing taxes)

General Fundera. What Are Payroll Taxes? (2019) Payroll taxes are any taxes that are withheld from or calculated as a percentage of an employee’s wages. This includes federal and state income tax withholding, social security and medicare taxes, federal and state unemployment taxes, and state and local payroll taxes. Most payroll tax revenue is used to administer government benefit programs. AARP Public Policy Institute. Option: Increase the Payroll Tax Rate