Video: Why are your payroll taxes so high?

Next time you get your paycheck, don’t just look at the amount of the check. That’s what most of us naturally do. Instead, take a look at all of the numbers on the stub and notice how much money you earned that you’re not taking home. The government deducts money out of every single paycheck you get, no matter how little you earn. You have no choice in the matter. What are these taxes? How does the government spend them? And how much money is it costing you?

Watch the video that follows to find out.

LU Staff

LU Staff

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