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13 May, 18:15

What do taxes collect under the federal insurance contributon act

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  1. 13 May, 18:27
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    Answer: Social Security and Medicare

    Explanation: The Federal Insurance Contribution Act (FICA) is a federal tax. Is used to social services such as Medicare and Social Security. They work as regressive taxes because they are applied to everyone. They are deducted from workers, there are no deductions or exemptions.
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