The Social Security payroll tax is ____ on the employee,and ___ on the employer,on all earned income up to a cap,which is adjusted for inflation each year.

Name: The Social Security payroll tax is ____ on the employee,and ___ on the employer,on all earned income up to a cap,which is adjusted for inflation each year.
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Question

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Social Security payroll taxes are 6.2 percent on both the employee and the employer. Medicare is an additional 1.45 percent but is not part of the Social Security tax.

The Social Security Payroll Tax Is ____ on the Employee,and