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Post Test: Government
Select the correct answer.
What are payroll taxes levied on?
OA. a business's profits
O B.
an individual's dividend income
○ C.
the wages or salaries of a company's employees
O D.
the goods and services purchased by people
O E.
a piece of land
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Answer :

GinnyAnswer

Final answer:

Payroll taxes are imposed on a company's employees' salaries to generate revenue. Employers pay these taxes when paying their staff.


Explanation:

Payroll taxes are levied on the wages or salaries of a company's employees. Employers are required to pay these taxes when paying salaries to their staff. These taxes fall into two categories: deductions from an employee's wages and taxes paid by the employer based on the employee's wages.


Learn more about Payroll taxes here:

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