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The United States Medicare tax is used to provide health insurance for citizens 65 and older. In some circumstances, younger citizens may qualify, in these

The United States Medicare tax is used to provide health insurance for citizens 65 and older. In some circumstances, younger citizens may qualify, in these cases a qualifying disability is required. Medicare taxes are assessed on wage income at a rate of 2.9%. Medicare tax is an example of a _______________.

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Proportional (flat) tax

Progressive Tax

Regressive Tax

Lump sum tax

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