Solved

If One Person Earns $20,000 Per Year and Another Person

Question 220

Multiple Choice

If one person earns $20,000 per year and another person earns $80,000 per year,they both will pay the Social Security tax ______________________.


A) at the same average tax rate
B) but the poorer person will pay at a higher average tax rate
C) but the richer person will pay at a higher average tax rate
D) but it is impossible to calculate their individual average tax rates

Correct Answer:

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