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.
FICA stands for the Federal Insurance Contribution Act tax, which was passed in 1935 as part of the Social Security Act -- the piece of legislation that created the program responsible for paying monthly benefits to more than 41 million current retirees, and more than 60 million beneficiaries in total each month.