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During the 2008 Presidential Campaign, Candidate Barack Obama Proposed

Question 49

Multiple Choice

During the 2008 Presidential campaign, candidate Barack Obama proposed


A) eliminating entirely the Social Security taxes paid by employers.
B) reducing by one-half the Social Security tax rates on employers.
C) raising the "income cap" for Social Security taxes from $106,800 to $250,000.
D) re-imposing the 6.2% (old-age) Social Security tax on incomes over $250,000 per year.

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