Which merit good does the U. S. government provide through a payroll tax?

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Rene

Social Studies

6 March, 04:55

Which merit good does the U. S. government provide through a payroll tax?

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Yoselin Boyle · Answer 1

Which merit good does the U. S. government provide through a payroll tax? Retirement benefits. Payroll taxes are taxes that employers and employees that are based off a percentage of their salaries. These taxes are paid into accounts that people can draw from once they reach a certain age. Retirement benefits are benefits that people receive once they have paid in a certain amount and reach a certain age.