Mathematics, 03.09.2021 04:50 ninaaforever

In 2011, the social security tax rate was lowered to 4.2% to help simulate the economy. The goverment figured that if people were paid less taxes they would have more money to buy goods and services. How much did a worker who earned $ 128,900 in 2011 save on FICA taxes with this reduction

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In 2011, the social security tax rate was lowered to 4.2% to help simulate the economy. The govermen...