what would most likely happen if the government increased payroll taxes?\nretirees would discover they have…
what would most likely happen if the government increased payroll taxes?\nretirees would discover they have fewer benefits than theyd anticipated.\ncitizens would have to wait far longer to collect their benefits.\nworkers would have less money to take home each week.\ngovernment officials would please everyone involved.
Answer
Brief Explanations:
Payroll taxes are deducted from workers' paychecks. An increase in these taxes means more money is taken out of workers' earnings, resulting in less take - home pay. Retirees' benefits are not directly affected by an increase in current payroll taxes in the short - term in the ways described in the first two options. And it's unlikely that increasing taxes would please everyone.
Answer:
Workers would have less money to take home each week.