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Simplify. Assume that variables represent positive real numbers.
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Social Security Tax
A mandatory contribution paid by employees and employers to fund the social security program, providing benefits for retirement, disability, and survivors.
Payroll of Scotland Company
The total amount of wages and salaries paid by Scotland Company to its employees.
Total Payroll Tax
The combined amount of all governmental taxes that an employer is required to withhold and/or pay on behalf of their employees, including federal, state, and local taxes.
Social Security Taxes
Taxes levied on both employers and employees to fund the Social Security program, used for providing retirement, disability, and survivor benefits.
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