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Payroll Tax
Taxes imposed on employers and/or employees, typically based on the wages or salaries paid, to fund social security and healthcare programs.
Bear Burden
To carry or endure an obligation, duty, or hardship, especially in the context of paying taxes.
Labor Economists
Labor economists are experts who study the labor force, examining employment levels, wage dynamics, and the factors affecting labor market participation and efficiency.
Supply Elastic
A measure of how much the quantity supplied of a good or service changes in response to a change in price.
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