<< Back to glossary. UCS-2 is a character encoding standard in which characters are represented by a fixed-length 16 bits (2 bytes). It is used as a fallback on many GSM networks when a message cannot be encoded using GSM-7 or when a language requires more than 128 characters to be rendered.
Quick Answer. Most U.S. taxpayers with a traditional salary pay 6.2 percent of each paycheck as taxes for social security and 1.45 percent for Medicare, according to the California Tax Service Station. Additional amounts may be deducted from each paycheck for federal withholding or for state fees such as unemployment insurance.
Employer Pays, Too. Your employer also pays a portion of the OASDI tax on your behalf each time you receive a paycheck. As of 2011, the employer pays 6.2 percent of your income on your behalf. The employer portion does not come out of your paycheck but does add to the company's cost of employing you. For example, in 2011, when your employer pays you $2,425, the company must pay an addition $150.35 to the government in OASDI taxes.