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To protect citizens from interruptions by telemarketers, the U.S. Federal Trade Commission created the_________ in 2003.
Wage Base Limit
The maximum amount of income on which employees are required to pay certain taxes, such as social security taxes.
SUTA
The State Unemployment Tax Act, which mandates employers to pay state unemployment taxes to fund the unemployment compensation programs for workers in their state.
FUTA
The Federal Unemployment Tax Act (FUTA) is a United States federal law that imposes a payroll tax on employers to fund state workforce agencies.
Unemployment Taxes
Taxes paid by employers to fund the unemployment benefits, based on the number of employees and the history of layoffs.
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