What is the difference between payroll and income taxes?

History

1 answer:

statuscvo [17]3 years ago

6 0

The difference between payroll and income taxes is based on who pays it.

Both the payroll taxes and income taxes are based on the employee's wages or salary, but the difference is on who pays it. A payroll tax is paid at least or partly by the employer<em> </em>and the<em> </em>employee equally. It consist of; medical care taxes, unemployment taxes, and the social security taxes where both the employer and the employee contribute towards the tax. While employees pay income taxes where the employee pays the whole tax amount which consists of taxes that the employees pay for the location where one stays, the state tax paid to the State and the federal tax for the government.

You might be interested in

What do you think changed between 1896 and 1954 for Brown v. Board of Education to overturn Plessy

Afina-wow [57]

Answer: in 1896, segregation was viewed as perfectly constitutional and unproblematic as whites wished to be separate from African Americans. Yet during the period of time between 1896 and 1954 the evils of segregation where exposed as the separate accommodations for minorities provided by the white governments in southern states under Jim Crow we’re almost never equal in quality to the ones reserved for whites which is why the Supreme Court overturned plessy by ruling in Brown V Board that everyone regardless of race deserved equal protection under the law according to the 14th amendment

Explanation:

6 0

2 years ago

Perestroika was a policy that permitted Russian citizens to have public discussions about their government

Basile [38]

Answer:

False

Explanation:

Perestroika was a policy about restructuring the political and economic system.

Hope this helps!

3 0

3 years ago

Gave land in America to Lord Baltimore.

Strike441 [17]

Answer:

Exploring Maryland's Roots: Library: George Calvert, First Lord Baltimore (c. 1580-1632) George Calvert was the first person to dream of a colony in America where Catholics and Protestants could prosper together. He was born in Yorkshire, England and studied at Trinity College at Oxford

8 0

4 years ago

Why did business owners support the Temperance Movement?

marshall27 [118]

They needed sober, responsible workers

8 0

3 years ago

3 ways china infuenced japan

Dimas [21]

<h2>The 3 ways China influenced Japan culture are Daoism or Taoism, Buddhism, and astronomy.</h2>

Explanation:

Chinese influenced the Japanese culture in many ways. They transmitted on Japanese institutions, culture, language and society.

The elements like Daoism or Taoism, Buddhism, astronomy and language have been influenced by China.

Daoism is a set of religious beliefs that explores the ideas of rituals and scriptures while considering the Dao/Tao. Japanese Culture got influenced by this Chinese product.

Buddhism was brought over to Japan through China and Korea.

The influence of astronomy started in government offices that was a direct influence of the Chinese model.

Kanji is the Chinese characters that was used in the Japanese written language.

6 0

3 years ago