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1.Take a look at the article in the application for this module.The article is not perfect.Think about elasticities!Now think about payroll taxes (social security and
1.Take a look at the article in the application for this module.The article is not perfect.Think about elasticities!Now think about payroll taxes (social security and medicare).The Social Security Administration states that you pay half of the SS tax and your employer pays the other half.Do you think it is evenly split?What roll do elasticities play?
2.Pick two different jobs/professions and explain how the employee might pay a different amount (share) of the total payroll tax in each job/profession.
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