Multiple Choice
When workers earn income,they and their employer pay equal portions of FICA (the Federal Insurance Contributions Act) .Which statement is TRUE?
A) The worker and the employer each bear half of the burden (incidence) of the tax.
B) The employer bears almost all of the burden of the tax.
C) The worker bears almost all of the burden of the tax.
D) It's impossible to determine who bears the burden of the tax.
Correct Answer:
Verified
Correct Answer:
Verified
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