Payroll tax, for short
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Possible Answers: FICA.
Random information on “Federal Insurance Contributions Act (FICA) tax”:
Federal Insurance Contributions Act (FICA) tax /faɪkə/ is a United States Federal payroll (or employment) tax[1] imposed on both employees and employers to fund Social Security and Medicare[2] —federal programs that provide benefits for retirees, the disabled, and children of deceased workers. Social Security benefits include old-age, survivors, and disability insurance (OASDI); Medicare provides hospital insurance benefits for the elderly. The amount that one pays in payroll taxes throughout one’s working career is associated indirectly with the social security benefits annuity that one receives as a retiree.[citation needed] This has caused some to claim that the payroll tax is not a tax because its collection is tied to a benefit.[3] The United States Supreme Court decided in Flemming v. Nestor (1960) that no one has an accrued property right to benefits from Social Security. The Federal Insurance Contributions Act is currently codified at Title 26, Subtitle C, Chapter 21 of the United States Code.[4]
Taken from Wikipedia