Latest News
The Hidden Costs of a Minimum Wage Hike
When wages go up, so do taxes that employers must pay. As states, cities and counties — and potentially the federal government — increase minimum wage, it’s not just the hourly wage hike that business owners must budget for. Some payroll taxes are tied to the amount an employer pays in wages. The more you pay your workers, the more you pay in taxes. Read more…
Notice: The “Read more…” link provided above connects readers to the full text of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc., the AMAC Foundation, or socialsecurityreport.org.