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Review the attached payroll statement. Based on the statement, how much tax was collected by the State of Arizona? Describe the difference between Arizona State
- Review the attached payroll statement. Based on the statement, how much tax was collected by the State of Arizona? Describe the difference between Arizona State Income tax and Arizona State Sales tax. Once you have described each tax, add your personal opinion regarding the positive or negative nature of state income and sales tax to all citizens.
COMPANY NAMEEARNINGS STATEMENT
Sample Company Name, Sample Address, 95220
EMPLOYEE NAME Sample Name
SOCIAL SEC. ID XXX-XX-3432
EMPLOYEE ID 44234
CHECK NO. 48869
PAY PERIOD 1/29/16-2/11/16
PAY DATE 2/12/16
INCOMERATEHOURSCURRENT TOTALDEDUCTIONSCURRENT TOTALYEAR-TO-DATE
REGULAR15.00801200.00
FICA MED TAX17.4052.20
FICA SS TAX74.40223.20
FED TAX150.10450.30
STATE TAX24.0072.00
YTD GROSS 3,600.00
YTD DEDUCTIONS 797.70
YTD NET PAY 2,874.30
CURRENT TOTAL 1,200.00
CURRENT DEDUCTIONS 265.90
NET PAY 934.10
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