Question
Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $63,000
Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $63,000 a year pay themselves towards social security out of their gross wages?
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Cost-Benefit Analysis
Authors: E.J. Mishan, Euston Quah
6th Edition
1138492752, 978-1138492752
