The social security tax is 6.2% on employees income earned below $113,000. Is this tax progressive, regressive

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The social security tax is 6.2% on employees’ income earned below $113,000. Is this tax progressive, regressive or proportional?

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Principles Of Macroeconomics

ISBN: 9781711471471

3rd Edition

Authors: OpenStax

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Question Posted: Nov 12, 2024 09:00 AM

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The social security tax is 6.2% on employees income earned below $113,000. Is this tax progressive, regressive or proportional?
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The social security tax is 6.2% on employees income earned below $113,000. Is this tax progressive, regressive

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Principles Of Macroeconomics

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