Which of the following is not true for the U.S.payroll tax?
A)The incidence falls mainly on employees.
B)It is levied on employers.
C)It is levied on employees.
D)The incidence falls mainly on employers.

Question

Quizplus · Accepted Answer

The statement "The incidence falls mainly on employers" is not true for the U.S. payroll tax. The tax is primarily levied on employees, with employers responsible for withholding the tax and remitting it to the government on behalf of their employees. While employers do contribute to the tax through their share of the Social Security and Medicare taxes, the majority of the burden falls on employees.

Which of the Following Is Not True for the U