In 2011, the Social Security tax rate was lowered to 4.2% to help stimulate the economy. The
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In 2011, the Social Security tax rate was lowered to 4.2% to help stimulate the economy. The government figured that if people paid less taxes they would have more money to buy goods and services. How much did a worker who earned $128,900 in 2011 save on FICA taxes with this reduction?
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Related Book For 
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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