We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Payroll Taxes Essay Sample

essay
  • Pages: 4
  • Word count: 944
  • Rewriting Possibility: 99% (excellent)
  • Category: payroll Tax

Get Full Essay

Get access to this section to get all help you need with your essay and educational issues.

Get Access

Introduction of TOPIC

What is Up with Having Payroll Taxes?
Taxation on payroll is affecting many people in their everyday lives. There are several reasons why taxation on payroll should not occur. These reasons include money going to welfare and funding government programs; which in this case, is taking away money from the food and shelter costs. Payroll should not be taxed for several reasons. Some reasons include expensive government funding programs, welfare, and taking from everyday living costs. This essay will explain what payroll taxes are, what is happening because of payroll taxation, and also what are other ways to tax individual other than on payroll. To begin, the idea of taxation on payrolls can cause several different viewpoints. Payroll taxes are taxes that are taken from one’s total paycheck amount each time the employee is paid. For example, when a citizen works, their total paycheck will be taxed. So, there is money being deducted from the overall total. Payroll tax consists of federal taxes, state taxes, government taxes, Medicare, social security and much more. Studies today have shown more than seventy percent of US families are paying more in payroll taxes than in federal income taxes (Blaricom).

This shows that citizens are being taxed more for working, compared to what they are for federal income taxes. Another reason why the taxation on payroll should be stopped is because they are taking money from employees’ paychecks in order to pay for welfare and other government funding programs. The reason why this idea is unfair is because if one has to work to make money, why is the government taking one’s pay to provide it to others who chose not to obtain a job? These programs made by the government fund the citizens who need money for food and shelter. Therefore, payroll taxes are taxes on an employee’s paycheck. These taxes go towards government spending and redundant government funding programs (Ditmer). Furthermore, taxation on payroll is affecting many citizens and is causing several problems. Payroll taxes are taking from people’s everyday living cos

ts. If the government is taking from paychecks, employees will not be able to afford food, water and

Sorry, but full essay samples are available only for registered users

Choose a Membership Plan
shelter costs. Another reason why payroll tax is affecting many citizens is because it is causing businesses to offer fewer jobs (Berlin). If businesses do not hire, citizens will not be able to make money to support their families and have the money for food and other costs.

Some citizens even sign up for unemployment or welfare in order to make ends meet. These programs will tax one’s payroll to get enough money to fund government programs. In the article “Why Tax Work?,” they stated, “The best thing that could happen to our tax code is substantial reduction in the payroll tax, which is now the largest and most damaging tax on working Americans,” (“Why Tax”). Another article stated, “Payroll taxes are something every employer must deal with. Employers are required to withhold taxes from the employee’s pay and deposit the withheld amounts,” (“Are Workers Subject to Payroll”). Payroll has numerous categories for taxation. These categories include federal income, social security, Medicare tax, state tax, and also various local taxes (“Recent Changes…”). Therefore, payroll taxation affects many citizens in their everyday lives. The reason why it affects citizens every day is because the government is taking from payrolls for food and shelter costs, then giving it to the unemployed, as well as to the citizens who have signed up for welfare. Finally, payroll taxation is a major problem that needs a different outcome.

Taxation on payroll can be too much for some citizens to handle. Pollution taxes would be a great example to take the place of payroll taxes. Pollution taxes are taxes that will help fund the ecological system. Another name for pollution taxes are eco-taxes. In an article found online, it stated, “While the economy needed a stimulus, it should never have taken the form of messing with the basic social contract that is the foundation of our social safety network,” (Walker). Today, businesses are being taxed for pollution. Therefore, taxation on payroll should be exchanged for pollution tax for several reasons. In Conclusion, this essay provided the background information on what payroll taxes are, what are happening because of payroll taxation, and what are some other ways to tax individual other than on payroll. Payroll taxes are an important aspect in one’s everyday life. They affect many citizens across the country. Therefore, payroll taxes should be eliminated and be replaced with another tax that is friendlier to the working citizen.

Works Cited

Are your workers subject to payroll taxation?. Business Owner’s Toolkit. Bizfilings, 21 2012.
Web. 14 Nov. 2012.

Berlin, Rebecca. What Are Payroll Taxes? All Law. N.p., n.d. Web. 17 Nov. 2012

Blaricom, Diana. Tax planning U.S. About.com. N.p., 21 2012. Web. 12 Nov. 12.
.

Ditmer, Robert W. Taxing and Reporting the Personal Use of Employer-Provided Vehicles on Payroll-Taxes.com. Taxing & Reporting the Use of Employer-Provided Vehicle. N.p., n.d. Web. 12 Nov. 2012.

Nation, 4/20/1998, Vol.266 issue 14, p19-22,4p,1 black and white photograph

Recent Changes in Payroll Tax Reporting (Updated October 18, 2012). Recent Changes in Payroll Tax Reporting. N.p., n.d. Web. 17 Nov. 2012.

Walker, John. Why We Should Never Have Messed Around with the Payroll Tax. N.p., 07 2011.
Web. 21 Nov. 2012.

We can write a custom essay on

Payroll Taxes Essay Sample ...
According to Your Specific Requirements.

Order an essay

You May Also Find These Documents Helpful

The APA Advantage

Discuss the potential benefits of membership in the American Payroll Association. American Payroll Association offers a wide array of benefits for its members: on top of the list would be the educational grants. Annually, the APA awards the six most qualified, competitive, and outstanding members with Payroll Education Grants. Moreover, all active APA members who already stayed for at least 3 years in the payroll profession are qualified candidates for the Kronos Payroll Education Grant and Kronos Payroll Publication Grant. Awardees are given  a complete library of current APA books and publications and the review benefits of PayTrain. Also, each of the 140 APA chapters offers their own set of additional benefits and exclusive activities to cater to their respective members.  And to assure that everyone stays on the lead, APA members get constantly updated and informed via electronic newletters.  Examples of of it would be the biweekly-released “Payroll Currently”...

Payroll system

1.0Introduction Nowadays some company using a Computerized Payroll System so that they can work much easier. All establishment are becoming modernized, they use modern technologies to make their transaction fast, easy, and accurate in order to avoid waste of time and for the sake of safety and security. Payroll is one of the difficult work things to do, because they are the one handling the reporting, salary for the employee, wages, bonuses, deduction and depositing payroll taxes to the appropriate agency in an accurate and timely manner is vital to the businesses. Late and inaccurate deposits may result in penalties and interest charges. A Computerized Payroll System will not only provide accurate calculation and fast process of Payroll transaction but it also secure data through security implementation and accordingly arrange files provided by a well-designed database that will produce a paperless environment. The advantages of a Computerized Payroll System improve...

Payroll system

INTRODUCTION As of now, we are now in high technology that computerization is adopted in a way of living of many individuals. High technology machine makes anyone task done fast in a simplest way of operating the system. Many establishments implemented the systematic way of working and doing transaction to minimize the exertion of effort and the waste of time that consumed in the manual process. Institution and universities desire to have an easy way in processing the payroll system of the employee. Therefore, the researcher aims to study the Employee Payroll System of San Francisco Municipality, Surigao Del Norte. We come up with a proposal that help to enhance the manual process of the present system to automate its process and operation. ORGANIZATION OF THE STUDY The organization of the study consist two parts. First part covers the result of the system analysis and design made by the researchers...

Popular Essays

logo

Emma Taylor

online

Hi there!
Would you like to get such a paper?
How about getting a customized one?