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Author Question: The payroll tax is regressive because (Read 26 times)

crazycityslicker

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on: Apr 19, 2019

Question 1

The payroll tax for Social Security in the United States is


◦ progressive.
◦ regressive.
◦ proportional.
◦ uniform.

Question 2

The payroll tax is regressive because


◦ most of the tax does not apply to wages and salaries above $118,500.
◦ wages and salaries are a larger percentage of total income for those higher on the income scale.
◦ the elasticity of labor supply is close to zero.
◦ wealthy individuals have more deductions from the payroll tax.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by crazycityslicker on Apr 19, 2019

Koolkid240

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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crazycityslicker

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
Excellent

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