Damned If You Don't Gordon Randall Garrett. The voltage then depends on the speed at which the armature is driven. Electricity for the farm Frederick Irving Anderson. If he drew 26 amperes, the voltage would fall, at the house, 26 volts. Electricity for the farm Frederick Irving Anderson.
Payroll taxes are comprised of Medicare and Social Security taxes--also withheld from an employee's paycheck. However, the employer also pays payroll taxes to the federal government for these programs (in addition to the amount an employee pays).
The largest of these social insurance taxes are the two federal payroll taxes, which show up as FICA and MEDFICA on your pay stub. The first is a 12.4 percent tax to fund Social Security, and the second is a 2.9 percent tax to fund Medicare, for a combined rate of 15.3 percent. Half of payroll taxes (7.65 percent) are remitted directly by employers, while the other half (7.65 percent) are taken out of workersâ paychecks. Who Really Pays Payroll Taxes? Perhaps one of the best-kept secrets of payroll taxes is that employees effectively pay almost the entire payroll tax, instead of splitting the burden with their employers.