does the government pay unemployment taxes.....?

on the president?

Update:

Angel eyes i hate it when they are smart and good looking both there is no place to hide.

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  • Anonymous
    1 decade ago

    One of the most confounding economic trends in the United States during the past 20 years has been the relative stagnation of workers' real wages. One of the primary reasons for flat wages is that taxes and other government mandates on employers have been expanding steadily, crowding out worker take-home pay.

    Today an average manufacturing worker costs his employer $14.89 an hour (not including fringe benefits). But the employee's take-home pay is only $10.79 an hour. The government takes $4.10 per hour in taxes--federal and state income taxes, payroll taxes, unemployment insurance taxes, and workers' compensation--thus reducing the worker's take-home pay by 28 percent. Or to put it another way, abolishing income and employment taxes would raise the manufacturing worker's take-home pay by about $4.00 an hour. For a worker earning $60,000 a year and living in a state with average taxes, the government's share rises to 36 percent. That counts only the employment-related taxes that come directly out of the worker's paycheck or are paid by the employer on the worker's behalf. Workers still must pay a host of other taxes with their remaining take-home pay. The overall federal, state, and local tax burden is now at an all-time high.

    Nearly half the amount taken from workers' paychecks is hidden. Three ways to bring those costs out of hiding are to replace federal income and payroll taxes with a national sales tax, to repeal withholding, and to encourage employers to adopt the Right to Know Payroll Form, first proposed by the Mackinac Center for Public Policy. That payroll form itemizes on workers' pay stubs each and every one of the costs that the employer must bear on behalf of the worker as a result of government tax and regulatory policies.

    Source(s): life in the real world
  • 1 decade ago

    Im sure there is a massive pension. I know government forces tax payers into debt to pays out about $150,000 Million in government employee pensions each year.

    In other words, every working person in america pays about $1000 a year (in taxes or inflation or debt) to fund retired government workers.

    As for taxes, im sure it does pay taxes on itself. Why? Because it allows more money to be taken by government. It will do whatever it can to touch, print, borrow, or inflate currency. Borrowing money in your left hand to pay your right hand to repay your left hand does just that.

  • Anonymous
    1 decade ago

    No.

    Elected officials can not receive unemployment compensation.

    They may be able to receive pensions, depending on the position held and the length of service.

  • Anonymous
    1 decade ago

    It's called a pension.

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