Question on Minnesota Paid Family and Medical Leave (Tax Update 25-C)

From the document "Minnesota_Paid_Family_and_Medical_Leave__25-C_.pdf" released in Tax Update 25-C:

"On May 25, 2023, Minnesota Governor Tim Walz signed a bill providing paid family and medical leave for Minnesotans into law.Employers are required to pay a payroll tax on employee wages paid on or after January 1, 2026. The Paid Leave premium rate of 0.88 percent for 2026 covers the premium for medical leave (0.61 percent), for employees own medical care, and family leave (0.27 percent), to care for others. The contribution can be split between the employee and employer. Employers must pay at least 50 percent of the total premium and can deduct the remainder from employee pay. Employers