Tax Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===Social-security contributions=== [[File:GDP per capita PPP vs social contributions 2016.svg|thumb|[[Public finance|General government]] revenue, in % of [[GDP]], from social contributions. For this data, 20% of the [[variance]] of GDP per capita β adjusted for purchasing power parity (PPP) β is explained by revenue from social security and the like.]] Many countries provide publicly funded retirement or healthcare systems.<ref>{{cite web |url= http://www.ssa.gov/policy/docs/progdesc/index.html |title= Social Security Programs Throughout the World on the U.S. Social Security website for links to individual country program descriptions |publisher= Ssa.gov |access-date= 22 January 2013}}</ref> In connection with these systems, the country typically requires employers and/or employees to make compulsory payments.<ref>By contrast, some countries, such as [http://www.ssa.gov/policy/docs/progdesc/ssptw/2010-2011/asia/newzealand.html New Zealand], finance the programs through other taxes.</ref> These payments are often computed by reference to wages or earnings from self-employment. Tax rates are generally fixed, but a different rate may be imposed on employers than on employees.<ref>See for example [http://labour.nic.in/ss/overview.html India Social Security overview] {{webarchive|url=https://web.archive.org/web/20110623221835/http://labour.nic.in/ss/overview.html |date=23 June 2011 }}</ref> Some systems provide an upper limit on earnings subject to the tax. A few systems provide that the tax is payable only on wages above a particular amount. Such upper or lower limits may apply for retirement but not for health-care components of the tax. Some have argued that such taxes on wages are a form of "forced savings" and not really a tax, while others point to redistribution through such systems between generations (from newer cohorts to older cohorts) and across income levels (from higher income levels to lower income-levels) which suggests that such programs are really taxed and spending programs. Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page