Examlex

Solved

Which of the Following Taxes Is Most Convenient for Individuals

question 12

Multiple Choice

Which of the following taxes is most convenient for individuals to pay?


Definitions:

Gross Pay

The total amount of money earned by an employee before any deductions or taxes are taken out.

FUTA Tax

The tax imposed by the Federal Unemployment Tax Act, paid by employers to support state employment agencies.

SUTA Tax

State Unemployment Tax Act tax, which is a state-based tax that employers pay to fund the unemployment benefits for workers who lose their jobs.

Related Questions