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Social Insurance taxes: a. are the second largest outlay(expenditure) in the federal budget. b. are FICA taxes averaging 35% on a base of $250,000. c.

Social Insurance taxes: a. are the second largest outlay(expenditure) in the federal budget. b. are FICA taxes averaging 35% on a base of $250,000. c. are payroll taxes that generate the second largest source of federal receipts. d. are an excise tax on low income households to finance social programs

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