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The carnival should have given me $200 this week for working a stand, but my check only gave me $160!?
You didn't make that exact amount because of something called payroll tax.
Payroll tax is basically where they take out money for like medicare, social security, retirement and many other things for your future!
Also, the deductions made are determined by your wage, and the taxes paid by the employer based on the employee's wages.
OOOH that makes so much sense now! Thanks for explaining that!
Thanks to payroll taxes, Im chillin now.
40 years later...
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