Payroll Taxes Quotes

If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.

The myth is that people get their money back from Social Security. Not true. You get somebody else's money back. This is an intergenerational transfer.

Increasing the minimum wagewill put billions annually into the Social Security trust fund.

Unlike most government programs, Social Security and, in part, Medicare are funded by payroll taxes dedicated specifically to them. Some of the tax revenue pays for current benefits; anything that's left over goes into trust funds for the future. The programs were designed this way for political reasons.

While good business ideas are plentiful, many entrepreneurs struggle to understand payroll taxes, health care and other thorny issues… In other words, they don't have the financial literacy to scale their businesses and attract investors.

The state of Washington calls tips 'wages.'

Canadians expect their government to make sure we're helping the people who need the help and growing the economy, and that's exactly what we're committed to do, not just with our historic investments into infrastructure that are going to create jobs while the others are focusing on cuts, but by lowering payroll taxes, by lowering EI premiums from $1.88 to $1.65, at the same time as we make sure that the people who need help are getting the help that they paid into, because they're not getting it under Stephen Harper. That's what Canadians expect from their government.

Congress has changed the Social Security system over time, and over 20 times in the past Congress has raised taxes on Social Security in payroll taxes into the system.

Employers' national income is a particular disincentive to employ because it is an expense without benefit.

I've got people handling the media. I employ at the moment two people. No-one is paying income tax on the money they use to employ people.

It is only fair to expect public employees like me and others in the public sector to pay something close to what our neighbors and our fellow citizens do in the private sector.

I run a small company with 18 employees on its payroll.

The reality is that the workforce relative to the number of people retired has shrunk and today in America there are only 3.3 working Americans paying payroll taxes to support each individual currently retired and collecting Social Security taxes.

Social Security faces financial problems down the road because of demographics.

The curious thing is Americans don't mind individual mandates when they come in the form of payroll taxes to buy mandatory public insurance. In fact, that's the system we call Social Security and Medicare, and both are so popular politicians dare not touch them.

In normal times, at the beginning of each month, the federal government makes a cash advance to the Social Security Trust Fund called the 'normalized tax transfer,' in an amount equal to the estimated payroll taxes for the coming month.

As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.

For more than forty years, the United States Congress has shamelessly used payroll taxes intended for Social Security to fund big government spending.

The revenue stream for Social Security benefits comes from payroll taxes, which are credited to the Social Security Trust Fund - accounting for the program's finances separately from the rest of the budget.

The money that goes into Social Security is not the government's money. it's your money. You paid for it.

If we do nothing, we are handing our children a ticking time bomb that will require they pay ever greater payroll taxes just as they are beginning their careers, starting their own families and staking their claim to the American Dream.

You never want to be in a position where you can't make payroll.