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To Fund Social Security, a Portion of a Person's Earnings

Question 28

Multiple Choice

To fund Social Security, a portion of a person's earnings are subject to a(n) ________ Social Security tax, half paid by the employee and half by the employer.


A) 10.8 percent
B) 12.4 percent
C) 14.2 percent
D) 18.6 percent
E) 30 percent

Correct Answer:

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