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Michael will earn $148,000 in 2020. a. How much in total will be paid into the entire OASDI system (including Medicare) on behalf of this

Michael will earn $148,000 in 2020.

a. How much in total will be paid into the entire OASDI system (including Medicare) on behalf of this income? ___________________________

b. How much will Michael pay into the Medicare system on behalf of this income? _______________________

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