Over 17 million farmers around the world plant GM crops, and their numbers grow each season-they grew by 6% from 2011. In fact, 9 in 10 of these farmers run small farms, too.In addition to higher yields and higher farm income, their reasons include:Increased management flexibility.ver 17 million farmers around the world plant GM crops, and their numbers grow each season-they grew by 6% from 2011. In fact, 9 in 10 of these farmers run small farms, too.
FICA tax is paid by both workers and their employers. FICA tax is typically 7.65% of earnings up to $127,200 (2017 figure). Employees pay 6.2% of their earnings for Social Security retirement benefits and their employer pays 6.2% for a total of 12.4% of a worker's income. An additional 1.45% tax is also collected to fund Medicare benefits and this, too, is matched by employers.
Mar 30, 2017 at 7:03AM. FICA, which stands for Federal Insurance Contribution Act, is a tax that is paid by employees as well as their employers, and is often referred to as the payroll tax. The purpose of the FICA tax is to fund the Social Security and Medicare programs, which provide benefits to American retirees. FICA is the U.S. federal payroll tax, designed to help fund the Social Security and Medicare programs. As of 2017, about 171 million people work and contribute FICA taxes.