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  • 21-11-2019
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Identify the common purpose of social security and Medicare taxes

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23durahaa
23durahaa 23durahaa
  • 21-11-2019

Answer:

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Explanation:

Medicare to serve a your health insurance when you are a senior citizen. Everybody who has wage income pays the medicare tax, there is no maximum limit. For Social security you pay your share until your wage income hits a specific limit. Both Social security and medicare are split between the employee and the employer.

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