Payroll taxes can't run a country. First off, the fica and medicare paid by peoples wages are basically savings accounts (trusts) set up to pay bills for you in old age or incapacity. So, that money is already earmarked and spent theoretically. Secondly, many people get back a large chunk of their fed and state payroll taxes through refunds etc... at years end. Many get back 100% because of certain credits.



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