Suppose Bartles earns $10,000 and James earns $200,000.Which of the following statements is false concerning their Social Security taxes?
A) Both will pay a Social Security tax.
B) Bartles will pay Social Security tax on all of his income.
C) James will pay Social Security tax on the majority of her income.
D) James will pay Social Security tax at a higher average rate than will Bartles.
Correct Answer:
Verified
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