Caroline Krause earned a salary of $1,000,000. (a) How much Social Security tax did she pay? (b)

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Caroline Krause earned a salary of $1,000,000.

(a) How much Social Security tax did she pay?

(b) How much Medicare tax did she pay?

(c) What is her marginal tax rate on her federal personal income tax? (LO3 , 5 )

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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