Thomas Bushnell BSG tb at
Thu May 26 11:44:13 EDT 2005

Andrew Sackville-West <andrew at> writes:

> Seems to me there's really only a handful of ways to tax income:
> -- a flat % tax on all income (in US thats medicare)
> -- a flat % tax on a part of income (in US that's social security)
> -- a graduated % tax on all or part of income (US income tax)
> -- a unit price (?) tax on hours worked or some other non-income based
> value (in US, typically workers compensation -- my jurisdiction is
> some many $ per hour worked)

This is true, more or less.

The US withholding tables are just that: tables, which are sometimes a
little different than what formulas would produce.  Indeed, they don't
even have formulas.  Employers are required to withhold the amounts
listed in the tables, and that's that.

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