Why does tcu tend to lead business cycle peaks? by definition, it must have the same indicator status as industrial production. the durable goods component of industrial production is always declining near the end of an expansion, and since industrial capacity is still growing, tcu starts decreasing near the end of an expansion. since industrial capacity is always declining near the end of a recession, whenever tcu is increasing, output tends to be decreasing since industrial capacity rarely is declining near the end of a recession, whenever tcu is increasing, output tends to be increasing.

The process by which income taxes are deducted directly from your paycheck is called "payroll withholding".

In the U.S. payroll withholding taxes are the assessments that a business is required to deduct from its workers' gross wages, pay rates, rewards, and other compensation.  

The typical payroll withholding taxes incorporate every representative's part of the Social Security and Medicare charges (likewise alluded to as FICA), federal income tax, and regularly state income tax. (A couple of urban communities and states may likewise require extra finance charges.)  

After deducting the payroll withholding taxes of its workers, the business is required to transmit the sums in a convenient way to the fitting government.