Sentence examples for dedicated payroll from inspiring English sources

Exact(6)

Let me take it more slowly: a substantial part of our social insurance system — Social Security and the hospital insurance portion of Medicare — is funded through dedicated payroll taxes.

The funds for the risk pool come out of a dedicated payroll tax paid by each individual's employer amounting to 6.5% of salary; the self-employed and retired pay about 4.4%, depending on income.

But it would mark a major departure for Democrats, primarily because it would effectively do away with dedicated payroll taxes for entitlements like Medicare and Social Security -- a cornerstone of the liberal cathedral.

That optimism vanished after Albany delivered a double-whammy: $143 million was cut from the authority's budget, and revenues from a dedicated payroll tax — enacted in the spring to avert service cuts — came in $100 million below expectations.

The government still pays for the benefits, using general revenue sources rather than a dedicated payroll tax.

President Franklin D. Roosevelt, at the very least, designed Social Security that way because of the enormous political advantages of dedicated payroll taxes.

Similar(54)

Unlike most government programs, Social Security and, in part, Medicare are funded by payroll taxes dedicated specifically to them.

The disability program's trust fund is scheduled to run out of money next year, at which point the portion of payroll taxes dedicated to the program would only cover 81percentt of scheduled benefits.

Two married 66-year-olds with roughly average earnings over their lives will end up paying about $110,000 in dedicated Medicare taxes through the payroll tax, including the portion their employers pay.

Under the 2003 Medicare law, the president was required to submit legislation to Congress because of a widening gap between total Medicare spending and revenues dedicated to the program, like payroll taxes.

"Right now in France, you need to have dedicated people working exclusively on payroll functions.

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