This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The payroll tax is regressive because (Read 32 times)

crazycityslicker

  • Hero Member
  • *****
  • Posts: 537
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by crazycityslicker on Apr 19, 2019

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
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.
Answer Preview
Only 29% of students answer this correctly


crazycityslicker

  • Member
  • Posts: 537
Reply 2 on: Apr 19, 2019
:D TYSM

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Benefits of outsourced payroll. Benefits of outsourced payroll.
Example of an employee setup screen in a computerized payroll program. Example of an employee setup screen in a computerized payroll program.
Example of an employee setup screen in a computerized payroll program. Example of an employee setup screen in a computerized payroll program.
Video: Atrophy

For a complete list of videos, visit our video library