robjaq300 robjaq300
  • 07-03-2022
  • Business
contestada

What taxes and withholdings take the biggest bite out of the amount of your paycheck?.

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adefioyelaoye
adefioyelaoye adefioyelaoye
  • 15-03-2022

The taxes and withholdings take the biggest bite out of the amount of your paycheck is the federal income tax.

What is Federal income tax?

This is the largest source of revenue of the government and it is usually collected by the federal government.

It is usually based on annual earnings for individual and businesses in which a percentage is deducted.

Read more about Federal income tax here https://brainly.com/question/1601662

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