asked 191k views
2 votes
Employees pay (1) taxes on their salary, wages, and other compensation at a current rate of 1.45% (2.35% for higher income taxpayers).

a) Social Security, Medicare
b) Federal Income, State
c) State, Social Security
d) Excise, Property

1 Answer

3 votes

Final answer:

The taxes paid by employees on their salary, wages, and other compensation are for Social Security and Medicare.

Step-by-step explanation:

The subject of this question is Social Studies. The question is asking about the taxes paid by employees, specifically the taxes on their salary, wages, and other compensation. The correct answer is a) Social Security, Medicare. Employees pay taxes for Social Security and Medicare at a rate of 6.2% and 1.45% respectively.

answered
User Tanver Hasan
by
7.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.