Multiple Choice
During the 2008 Presidential campaign, candidate Barack Obama proposed
A) eliminating entirely the Social Security taxes paid by employers.
B) reducing by one-half the Social Security tax rates on employers.
C) raising the "income cap" for Social Security taxes from $106,800 to $250,000.
D) re-imposing the 6.2% (old-age) Social Security tax on incomes over $250,000 per year.
Correct Answer:
Verified
Correct Answer:
Verified
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