Which of the following taxes does NOT have a limit on the amount of tax paid per individual?
A) Federal income taxes
B) FICA taxes
C) Federal unemployment taxes
D) State unemployment taxes

Question

Quizplus · Accepted Answer

Federal income taxes do not have a limit on the amount of tax paid per individual, as they are based on the taxable income of the individual, which can vary widely without a cap. FICA taxes, federal unemployment taxes, and state unemployment taxes all have caps on the amount of income subject to taxation.

Which of the Following Taxes Does NOT Have a Limit