Which of the following is an example of a payroll tax? a. a tax on corporate...

Which of the following is an example of a payroll tax?

	a.	a tax on corporate profits
	b.	a “sin” tax on distilled alcohol
	c.	a tax on the wages that a firm pays its workers
	d.	the portion of federal income taxes earmarked to pay for national defense

Solutions

Expert Solution

Option c

a tax on the wages that a firm pays its workers

a payroll tax is a tax on the salaries cut by the employer and charged by the government.

Rahul Sunny answered 1 year ago

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