The Federal payroll (Social Security) tax:

A. Increases the progressivity of the Federal tax system

B. Offsets some of the progressivity of the Federal tax system

C. Offsets some of the regressivity of the Federal tax system

D. Decreases the proportionality of the Federal tax system

B. Offsets some of the progressivity of the Federal tax system

Economics

You might also like to view...

Explain the difference between a nominal value and a real value

What will be an ideal response?

Economics

Human capital contributes to growth because it helps workers in the economy:

A. produce more with the same amount of physical capital. B. work smarter. C. be more productive with their time. D. All of these are true.

Economics