Aspen Ski Resorts has 150 employees, each working 40 hours per week and earning $13 an hour. Although the company does not pay any health or retirement benefits, one of the perks working at Aspen is that employees are allowed free skilling on their days off. Federal income taxes are withheld at 15% and state income taxes at 5%. FICA taxes are 7.65% of the first $118, 500 earned per employee and 1.45% thereafter. Unemployment taxes are 6.2% of the first $7,000 earned per employee