Damned If You Don't Gordon Randall Garrett. The voltage then depends on the speed at which the armature is driven. Electricity for the farm Frederick Irving Anderson. If he drew 26 amperes, the voltage would fall, at the house, 26 volts. Electricity for the farm Frederick Irving Anderson.
Psychologically, it seems as if all money taken out of a person's paycheck is the same, but income and payroll taxes serve very different functions, with contrasting effects. Income taxes are withheld from an employee's wages and go into a general fund.
Related Terms: Electronic Tax Filing; FICA Taxes; Tax Withholding. Payroll taxes are all taxes that are collected, by federal, state, and local governments, based on salaries and wages paid to employees. These taxes must be withheld from wages by all businesses that have employees.