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For each of the following payroll-related taxes, indicate whether they apply to employees only, employers only, or both. Look up the current rates for each

For each of the following payroll-related taxes, indicate whether they apply to employees only, employers only, or both. Look up the current rates for each category.

Federal Income Tax

Medicare Tax

Social Security Tax

Federal Unemployment Compensation Tax

State Unemployment Compensation Tax

Answer these questions with a minimum posting of 250 words that is complete, thoughtful, and written in Standard English.

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