Assertion: deduction | /r/CapableOf | lower their tax liability
Facets:
value: on general income taxes
type: LOCATION
Source sentences:
text: The pre-tax pay deduction is a benefit to the employee, as the deduction lowers their tax liability not just on general income taxes, but also on key individual taxes like the FICA (Social Security and Medicare) tax (but not in every instance), while also curbing employer-based taxes such as the Federal Unemployment Tax and the employer’s end of the FICA tax.