Tallahassee /ËtÃ¦lÉËhÃ¦si/ is the capital of the U.S. state of Florida. It is the county seat and only incorporated municipality in Leon County. Tallahassee became the capital of Florida, then the Florida Territory, in 1824. In 2015, the population was 189,907, making the 7th largest city in the U.S state of Florida, and the 126th-largest city in the United States.
The Federal Insurance Contributions Act (FICA) is made up of two items, Social Security and Medicare taxes. For 2015, the Social Security tax rate is 6.2% on the first $118,500 wages paid. The Medicare tax rate is 1.45% on the first $200,000 and 2.35% above $200,000.
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.