A portion of the payroll taxes is paid by workers and matched by their employers. In 2017, workers and their employers each paid __________ percent on every dollar of salary or wages paid.

Question

Quizplus · Accepted Answer

In 2017, workers and employers each paid 6.2% for Social Security and 1.45% for Medicare, for a total of 7.65% each or 15.3% combined. So the correct answer is 1.45% which is option C.

A Portion of the Payroll Taxes Is Paid by Workers