Which of the following statements about payroll taxes is false?
A) They provide funds for Social Security.
B) They include Medicare taxes.
C) Both employers and employees pay these taxes.
D) They are lump-sum taxes not based on wages/salaries.
Correct Answer:
Verified
Q220: The so-called Tax Freedom Day of each
Q221: Which of the following is the most
Q222: Many states in the U.S. acquire significant
Q223: Social Security contributions are part of
A)excise taxes.
B)payroll
Q224: Q226: Joe complains that 32 percent of his Q227: Which of the following is not an Q228: Which is the most important source of Q229: Which of the following is the largest Q230: ![]()
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