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New Payroll tax model

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newpayrolltax
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The common Payroll tax models show the functional relation between Gross income of employees and Payroll tax rate. The following equations give us a new look on the Payroll tax rate estimation. There is an other way that wasn't discovered until now.

(1) Income = Expenditures + Savings


The equa. (1) says, that income is expended + saved. The income is calculated from Gross income + Payroll tax rate.

(2) Gross income(1 - Payroll tax rate) = Expenditures + Savings

Determination of the Payroll tax rate out of (2):

(3) Payroll tax rate = [Gross income - (Expenditures + Savings)] / Gross income


Equa. (3) calculates the Payroll tax rate from 3 variables; Expenditures, Savings, Gross income.

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May 8

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Tom_4tune
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  • Tom_4tune
  • Location: Daetzingen, DE
  • Last Login: 1 day, 16 hours ago

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