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Business, 14.01.2020 05:31 viv1302

Jack earns $90,000 while priscilla earns $130,000. a regressive social security tax of 5%, paid only up to $90,000, would mean that

(a) priscilla pays more tax dollars than jack.
(b) both pay the same amount of dollars in the tax but jack pays a lower tax rate.
(c) both pay the same amount of dollars in the tax and pay the same tax rate.
(d) both pay the same amount of dollars in the tax even though jack pays in a higher tax rate bracket.
(e) priscilla pays no taxes (income over $90,000) so the burden falls on jack.

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