It would be financed by boosting the social security payroll tax by as much as $37 a year for each of the workers now paying such taxes.

The social security payroll tax is now 6 per cent -- 3 per cent on each worker and employer -- on the first $4,800 of pay per year.

The Kennedy plan alone would boost the base to $5,000 a year and the payroll tax to 6.5 per cent -- 3.25 per cent each.

Similar payroll tax boosts would be imposed on those under the railroad retirement system.

He helped to invent the payroll withholding tax system, since the federal government badly needed money in order to fight the war.

In 1983 Reagan instituted a payroll tax on Social Security and Medicare hospital insurance.

The primary effect of the tax changes over the course of Reagan's term in office was a change in the composition of tax revenue, towards payroll and new investment, and away from higher earners and capital gains on existing investments.

Personal income tax revenues fell during this period relative to GDP, while payroll tax revenues rose relative to GDP.

According to a 1996 report of the Joint Economic Committee of the United States Congress, during Reagan's two terms, and through 1993, the top 10 % of taxpayers paid an increased share of income taxes ( not including payroll taxes ) to the Federal government, while the lowest 50 % of taxpayers paid a reduced share of income tax revenue.

Personal income tax revenues declined from 9. 4 % GDP in 1981 to 8. 3 % GDP in 1989, while payroll tax revenues increased from 6. 0 % GDP to 6. 7 % GDP during the same period.

This represented a more regressive tax regime, with more revenue derived from the flat payroll tax versus the progressive income tax.

In the United States, there is a growing movement for the replacement of all federal payroll and income taxes ( both corporate and personal ) with a national retail sales tax and monthly tax rebate to households of citizens and legal resident aliens.

Institute on Taxation and Economic Policy | ITEP estimate of the total effective tax rate for federal, state and local taxes ( personal and corporate income, payroll, property, sales, excise, estate, etc.

In the ensuing years, Yemen ’ s government attempted to implement recommended reforms — reducing the civil service payroll, eliminating diesel and other subsidies, lowering defense spending, introducing a general sales tax, and privatizing state-run industries.

Payments to current retirees are financed by a payroll tax on current workers ' wages, half directly as a payroll tax and half paid by the employer.

They opposed the Forand bill, which would have placed the major burden of financial support upon the individual himself through compulsory payroll deduction ; ;

These would be paid for out of general, not payroll, taxes.

The Baltimore and Ohio Railroad announced yesterday it would reduce the total amount of its payroll by 10 per cent through salary cuts and lay-offs effective at 12:01 A.M. next Saturday.

You can call a file "< tt > Payroll records </ tt >" in NTFS, but in FAT you would be restricted to something like < tt > payroll. dat </ tt > ( unless you were using VFAT, a FAT extension allowing long file names ).

The payroll schedule was also very different from other companies in Silicon Valley at the time: instead of getting paid twice a month at the end of the pay period, employees would get paid once a month in advance.

* specialist staff, like network and facilities engineers, which would not be cost effective for any single client to keep on the payroll.

Foster Farms expected that when the plant reached full capacity, it would employ at least 1, 100 persons with a corresponding annual payroll of more than $ 24 million.

In the early 1980s, financial projections of the Social Security Administration indicated near-term revenue from payroll taxes would not be sufficient to fully fund near-term benefits ( thus raising the possibility of benefit cuts ).

The trust funds have been invested primarily in non-marketable Treasury debt, first, because the Social Security Act prohibits " prefunding " by investment in equities or corporate bonds and, second, because of a general desire to avoid large swings in the Treasuries market that would otherwise result if Social Security invested large sums of payroll tax receipts in marketable government bonds or redeemed these marketable government bonds to pay benefits.

While disappointed with the trade, Kariya later commented that with the tandem constituting nearly half of the Ducks ' $ 39 million payroll, " If were running the business, would have done something too.

As McVaney would explain in 2002, integrated systems were created precisely because " you can ’ t go into a moderate-sized company and just put in a payroll.

Darr estimated that the school would employ 300 civilians with an annual payroll of $ 1. 5 million, In turn, the City and Richmond County agreed to move a City-owned hangar from nearby Daniel Field, pave the aircraft parking ramp, pave a road in the area to create a runway, and provide convict labor with guards.

Some club chairmen have called for a payroll cap in a bid to control player wages, but this would almost certainly be ruled anti-competitive and therefore illegal under EU law.

Professor Leonard E. Berman of Syracuse University testified to a U. S. Senate committee in July 2010 that: " My guess is that if President Bush had announced a new war surtax to pay for Iraq or an increase in the Medicare payroll tax rate to pay for the prescription drug benefit, both initiatives would have been less popular.

For example, if you made 30k per year as a permanent employee ( aka with benefits ), approximately 10k would be paid for your health insurance, retirement, employer payroll taxes, etc.

Also in May 2008 the Company announced that it would offshore more of its activities including SAP support and HR and payroll administration to Makati City in the Philippines and has seen a subsequent increase in its outsourced HR and payroll services business to more than 850 customer organisations.

The FairTax is a tax reform proposal for the federal government of the United States that would replace all federal income taxes ( including the alternative minimum tax, corporate income taxes, and capital gains taxes ), payroll taxes ( including Social Security and Medicare taxes ), gift taxes, and estate taxes with a single broad national consumption tax on retail sales.

The extent of duties of a hotel General Manager vary significantly depending on the size of the hotel and company ; for example, General Managers of smaller hotels may have additional duties such as accounting, human resources, payroll, purchasing, and other duties that would usually be handled by other managers or departments in a larger hotel.

Fearful that the Spanish would plunder the French countryside and incite a guerrilla war, Wellington put his allies on the British payroll and supply system.

Once again the committee received jurisdiction owing to the payroll taxes that would be enacted to pay for the new program.

The " pony " of the title was actually a train transporting passengers Alice and Julius along with a payroll shipment.

Turns out, according to internal SBC documents, that the spokesman, Marc Bien, himself is a ' nonemployee ' who is actually on the payroll of public-relations powerhouse Fleishman-Hillard.

It is later revealed that Flynn was responsible for leaking Carter and Moses ' whereabouts to Colton and was actually on Colton's payroll.

The Barons actually missed payroll twice in a row in February, and only a $ 1. 3 million loan allowed the Barons to finish the season.

The Barons actually missed payroll twice in a row in February, and with the franchise on the verge of collapse, some of the Barons ' players were actively being courted by other teams.

It was negotiated by prominent natural resources attorney John Sterling Boyden, who claimed to be representing the Hopi Tribe while actually on the payroll of Peabody.