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Calculate the average tax rate for Social Security at incomes of $25,000, $50,000, $75,000, $100,000, $125,000, and $150,000. Do the same for Medicare. Characterize each

Calculate the average tax rate for Social Security at incomes of $25,000, $50,000, $75,000, $100,000, $125,000, and $150,000. Do the same for Medicare. Characterize each tax as being progressive, regressive, or neutral.

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