Since there is no maximum earnings on the Medicare component of the Social Security tax,the Medicare tax rate of 1.45% is applied to total earnings.

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This is correct. Unlike the Social Security tax, which only applies to earnings up to a certain amount (the "taxable wage base"), there is no maximum earnings limit for the Medicare tax. Therefore, the Medicare tax rate of 1.45% is applied to all earnings.

Since There Is No Maximum Earnings on the Medicare Component