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Employees in 2012 paid 6.2 % of their gross wages towards social security (FICA tax), while employers paid another 5.6 %.How much will an employee
Employees in 2012 paid 6.2 % of their gross wages towards social security (FICA tax), while employers paid another 5.6 %.How much will an employee earning $ 64,711 a year pay towards social security out of their gross wages?
$ _________
Give your answer accurate to the nearest dollar.
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