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Camilla and Wren are co-employees comparing their FICA taxes. Camilla makes $167,700 a year while Wren earns $200,000 a year. Who has the higher effective
Camilla and Wren are co-employees comparing their FICA taxes. Camilla makes $167,700 a year while Wren earns $200,000 a year. Who has the higher effective FICA tax rates? Select answer from the options below Camilla and Wren have the same effective FICA tax rate. Camilla's effective FICA tax rate is higher than Wren's. Wren's effective FICA tax rate is higher than Camilla's. There is not enough information to calculate Camilla's and Wren's effective tax rates
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