The increase importance of Social Security taxes at the federal level has likely _____.

Name: The increase importance of Social Security taxes at the federal level has likely _____.
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Question

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Social Security taxes are considered regressive because they take a larger percentage of income from lower-income earners than from higher-income earners. As their importance increases at the federal level, the overall tax system becomes less progressive, meaning it reduces the progressivity of the federal tax system.

The Increase Importance of Social Security Taxes at the Federal