Which of the following statements about medicare financing is TRUE?

A A single individual who makes $150,000 a year pays a payroll tax of 2.35% for Medicare.

B A single individual who makes $300,000 a year pays a payroll tax of 1.45% for Medicare.

C A single individual who makes $150,000 a year pays a payroll tax of 3.8% for Medicare.

D A single individual who makes $300,000 a year pays a payroll tax of 2.35% for Medicare.

E A single individual who makes $300,000 a year pays a payroll tax of 3.8% for Medicare.