question 5 (mandatory) (10 points)\npayroll tax rates\nincrease at different higher income levels\nis the…

question 5 (mandatory) (10 points)\npayroll tax rates\nincrease at different higher income levels\nis the same for all income level

question 5 (mandatory) (10 points)\npayroll tax rates\nincrease at different higher income levels\nis the same for all income level

Answer

Brief Explanations:

Payroll tax rates are generally flat - they are the same for all income levels within the applicable wage base for Social Security and a fixed rate for Medicare without an income - based increase (within normal circumstances).

Answer:

Is the same for all income level