Which of the following is an example of a federal tax? A. Social Security tax B. Sales tax C. Property tax D. Transaction tax

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asked Dec 23, 2018 102k views

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Cpuguru · Answer 1 · 2018-12-28T00:54:20+0000

Answer:

The correct answer is A.

Step-by-step explanation:

Some people have to pay federal taxes on their Social Security benefits. The federal government collects Social Security taxes, which go to the Social Security Trust Funds and the Medicare Hospital Insurance Fund. The tax will depend on the total income. The higher your income, the more taxes you will have to pay.

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Which of the following is an example of a federal tax? A. Social Security tax B. Sales tax C. Property tax D. Transaction tax

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