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According to Current U.S. Tax Law

Question 36

Multiple Choice

According to current U.S. tax law,


A) the employer pays all the 15.3 percent payroll tax on the employee's wage and salary income.
B) the employee pays all the 15.3 percent payroll tax on his or her wage and salary income.
C) the employer and employee each pay half of the 15.3 percent payroll tax on the employee's wage and salary income.
D) the employer and employee each pay the 15.3 percent payroll tax on the employee's wage and salary income.
E) neither the employer nor the employee pays the payroll tax.

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