The government finances Social Security through

Question

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Social Security is financed through payroll taxes, which are deducted from the wages of workers and matched by their employers. This revenue is then used to pay benefits to retirees, disabled individuals, and their dependents. Excise taxes are taxes on specific goods or activities such as tobacco or gasoline, and do not directly fund Social Security. The sale of goods and services and state taxes are not directly linked to financing Social Security either.

The Government Finances Social Security Through