â¢ MINOR PREMISE (noun) The noun MINOR PREMISE has 1 sense: 1. the premise of a syllogism that contains the minor term (which is the subject of the conclusion) Familiarity information: MINOR PREMISE used as a noun is very rare.
The additional tax rate is 0.9% on employee income (employers do not have to contribute to this additional tax). The additional Medicare tax is effective for income over a specific level, depending on the individual's federal income tax filing status.
How the Additional Medicare Tax Works - for Employees and Self-employed. Additional Medicare Tax. Many taxpayers are affected by the new additional Medicare tax that became effective beginning January 1, 2013. As an employer and as a self-employed taxpayer, you need to know how this new tax affects employees and the self-employed.