How is the Social Security program funded?
A)sale of government bonds
B)tax on employee wages
C)tax on homeowners
D)tax on luxury goods

Name: How is the Social Security program funded? A)sale of government bonds B)tax on employee wages C)tax on homeowners D)tax on luxury goods
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Question

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B)A tax on the employee's wages, shared equally by employees and employers, funds Social Security. As of 2014, the maximum amount of earnings subject to Social Security tax was $117,000.

How Is the Social Security Program Funded