Refer to Figure 19.1. The employersʹ tax burden is

A) $2,100.
B) $1,400.
C) $700.
D) $0.

Question

Refer to Figure 19.1. The employersʹ tax burden isA)  $2,100.B)  $1,400.C)  $700.D)  $0.

Lelis Henriquez · Accepted Answer

Final Answer : A, Explanation :  The employer's tax burden is the amount of taxes that the employer must pay on behalf of its employees. In this case, the employer must pay $2,100 in taxes, which is the amount of the FICA taxes (Social Security and Medicare) that the employer must pay on behalf of its employees.

Refer to Figure 19.1. The employersʹ tax burden is

A) $2,100.
B) $1,400.
C) $700.
D) $0.

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