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Are the wealthy really allowed to pay less

Assignment Help Managerial Accounting
Reference no: EM132542021

Question 1: Are the 'wealthy' really allowed to pay less into the Social Security system as a percentage of their income versus middle or lower income classes?

Question 2: How this works or how it's legal if they really pay less SS taxes than a worker making less than them? Please help me understand. Is there something in the Social Security Program that evens these taxes out?

Reference no: EM132542021

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