Right-to-Know National Payroll Act
Summary
H.R. 3167, the Right-to-Know National Payroll Act, would require businesses with more than 100 employees to provide additional tax information on their workers' annual W-2 forms. Specifically, employers would be required to list the exact dollar amount they paid in matching Social Security and Medicare taxes on behalf of each employee. This change is intended to give workers a complete view of the total federal payroll taxes contributed toward their benefits by both themselves and their employers.
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