I love baby rats so much. Actually I love adult rats just as much. They're one of creation's crowning achievements: an animal which is cunning, reproduces like wildfire, is intelligent and highly sociable, and is also cuddly and adorable. Score one for nature
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STATUTE
(a)
Tier 1 tax
In addition to other taxes, there is hereby imposed on the income of each employee a tax equal to the applicable percentage of the compensation received during any calendar year by such employee for services rendered by such employee. For purposes of the preceding sentence, the term ''applicable percentage'' means the percentage equal to the sum of the rates of tax in effect under subsections (a) and (b) of section 3101 for the calendar year.
(b)
Tier 2 tax
In addition to other taxes, there is hereby imposed on the income of each employee a tax equal to 4.90 percent of the compensation received during any calendar year by such employee for services rendered by such employee.
(c)
Cross reference
For application of different contribution bases with respect
to the taxes imposed by subsections (a) and (b), see section
3231(e)(2).
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