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Business & Economics PUBLICATIONS |
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Impact - May 1998
Submitted on 5.31.1998
May 1998 PRI Ideas in Action
Policy Update and Monthly Impact Report
Government’s Hidden Bite out of Californians’ Take-Home Pay
Submitted by Dean Stansel on 5.29.1998
After you finished filling out your income tax forms last April, you probably thought you knew all about the taxes you pay. Think again. In addition to the amounts itemized on your pay stub and W-2 form, the government stealthily snatches a substantial sum from your employer for taxes he must pay on your behalf. That’s money you never see that could have gone to you in take-home pay.
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