Author Question: Social Security is considered a regressive tax because __________. A) people are more likely to ... (Read 146 times)

elizabeth18 · **on:** Jul 2, 2018

Social Security is considered a regressive tax because __________.

A) people are more likely to be in ill health
B) it takes a larger percentage from people with lower incomes
C) long-term care expenses are universally paid by Obamacare
D) the government pays it for the citizens

Question 2

Most elderly people are in reasonably good health, but aging can take a toll on finances because __________.

A) their medical expenses are three times greater than middle-aged adults
B) they cannot get Social Security benefits if they use Medicare
C) they have to pay monthly premiums for their Social Security benefits
D) health insurance is not available after the age of 60