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What are payroll taxes?
A share of workers' earnings paid to the government by workers and employers.
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What is the tax rate on a gift tax?
The general rule is: 45%, but there is much more. The U.S. Federal tax rates for gifts are on the same tax rate schedule as the estate tax. If the gift is a "present interest" gift (they can use it...
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What is the marginal tax rate and effective tax rate?
Since deductions and credits (and rates) seem to have an uneven effect, the rate any taxpayer pays on say the first $1 is not the same on the first $1 after $10 mill. The first $ is really not taxed...
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Are the FUTA tax rates for Michigan changing in 2010?
Yes, as they did in 2009 and they will in 2011 until Michigan pays back the loans to the Federal government.
For more info try www.michigan.gov and search under FUTA.
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What is payroll taxes?
Payroll taxes are the taxes witheld by an employer from an employee's paycheck which covers the appropriate amount of federal and state taxes as well as FICA tax (also known as Social Security)....