id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
taxlaw-2864	Soled, Jay A.; Thomas, Kathleen DeLaney	Automation and the Income Tax	2019	48	.pdf	application/pdf	26399	1000	40	https://www.irs.gov/pub/irs-pdf/p15.pdf https://www.irs.gov/taxtopics/tc554.html 2018] 9 AUTOMATION AND THE INCOME TAX that the employee’s effective income tax rate is 20 percent, resulting in $20,000 of income tax due on the wages. Taxpayers who earn business income through a C corporation are not subject to payroll taxes on business income (other than on wages paid to employees of the corporation); however, such income is subject to income tax at both the corporate level and again at the individual level when distributed as a dividend.	cache/taxlaw-2864.pdf	txt/taxlaw-2864.txt