Andrew Sackville-West <[EMAIL PROTECTED]> writes: > Seems to me there's really only a handful of ways to tax income: > > -- a flat % tax on all income (in US thats medicare) > > -- a flat % tax on a part of income (in US that's social security) > > -- a graduated % tax on all or part of income (US income tax) > > -- a unit price (?) tax on hours worked or some other non-income based > value (in US, typically workers compensation -- my jurisdiction is > some many $ per hour worked)
This is true, more or less. The US withholding tables are just that: tables, which are sometimes a little different than what formulas would produce. Indeed, they don't even have formulas. Employers are required to withhold the amounts listed in the tables, and that's that. _______________________________________________ gnucash-devel mailing list [email protected] https://lists.gnucash.org/mailman/listinfo/gnucash-devel
