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Simplify the expression.
( - 1 ) 4
Employer's Payroll Tax Expense
Taxes that employers are required to pay on behalf of their employees, such as Social Security and Medicare taxes, often based on a percentage of the employees' wages.
Gross Payroll
The total amount of money paid by a business to its employees before any deductions are made.
Social Security Rate
The percentage rate at which income is taxed to fund a country's social security system, which usually provides retirement, disability, and survivor benefits.
Unfunded Pension Liability
The gap between the pension benefits promised to employees and the actual amount of funds available to meet those obligations.
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