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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

  1. 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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