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Social Security Act
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∙ 11y ago
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How did the social security act pay for pensions for retired Americans?
The social security act payed for the pensions for retired Americans with payroll tax. PAYROLL TAX- A tax that removes money directly from workers' paychecks. Employers were required to make matching contributions. P.S. - this was written by an eight grade boy, if you didnt know this, its very sad
The provided monthly pensions for retired people?
The Social Security Act is what provided monthly pensions for retired people. It was a tax created in 1930 for employers and employees.
Which act created the tax that did not go through the colonial assemblies?
stamp act ~ APEX ~ The Stamp Act created the first tax that did not go through the colonial assemblies.
Which act created the first tax that did not go through the colonial assemblies?
stamp act ~ APEX ~ The Stamp Act created the first tax that did not go through the colonial assemblies.
Is Pennsylvania workers compensation taxable?
No. Workers compensation is completely exempt from federal tax if the payments are made under a workers compensation act for injuries occurring in the course of employment. They are also exempt from state tax. They aren't included as income.
What act created the first direct tax on the colonists rather than a tax on goods when they arrived at the dock?
stamp act
What act created the tax that did not go through the colonial assemblies?
Stamp act
What act created the first tax intended to generate revenue for the British?
Sugar Act
Are employers required to provide commuter tax benefits?
No, employers are not required to provide commuter tax benefits.
What was the money collected from the tax created by the Townsend act?
they got MUCH money
How much is the tax rate on work comp insurance?
Employers and employees must contribute to workman's compensation. It's repaid in the event of an accident which prevents you from working. It's not really a tax. There is no tax rate for workers compensation benefits. It is paid directly through the employer but the wages are not taxable.
Would a new tax on employment affect the number of unemplyed people?
YES! If you tax employment, then the employers can not afford the workers, so unemployment increases yet again.Not such Great job for Obama. Thanks for giving us all of that Hope and Change...
