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The payroll tax
African-Americans are much more likely than other groups to be largely dependent on Social Security for retirement income.
African-Americans are much more likely than other groups to be largely dependent on Social Security for retirement income.
===The payroll tax===
There are four component parts that constitute payments to a workers public sector retirement fund, of which the payroll tax paid by workers furnishes only half. Employers are required to pay the other half based on a percentage of the workers gross wages (W-2 income). The employers share of mandated payments on behalf of the worker is not seen in the worke's gross wages, yet the cost is very real. Other factors also weigh on employers ability to give raises, extend overtime, or create new jobs.
===Medicare===
===Medicare===