The earnings base,against which the FICA tax is applied,and the tax rate have been changed several times since the law was first enacted and can be changed by Congress at any time in the future.

Name: The earnings base,against which the FICA tax is applied,and the tax rate have been changed several times since the law was first enacted and can be changed by Congress at any time in the future.
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Question

Quizplus · Accepted Answer

The statement is true. Congress has the authority to change the earnings base and tax rate for FICA tax.

The Earnings Base,against Which the FICA Tax Is Applied,and the Tax