To generate the jobs and keep the economy going, US has federal taxes and States have state tax, sales tax, and other taxes etc.,; along with that, from this year 2011, US would impose the company tax to the employees, similar to federal tax, based on the salary scale. The company tax would be paid by an individual. A company can be a public sector, private sector, federal, state run. The company tax is not paid to the IRS; instead, the company tax would be kept by that same company to create the jobs. For example, if the company has accumulated the company tax 10 million dollars for that year, then the company must generate/create 100+ jobs for that year. If the company did not create those 100+ jobs, then the company has to pay back that company tax to IRS.
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