Question: Which statement is true? (LO5 ) a) Bill Gates pays more Social Security tax than most American workers. b) The rich pay a higher proportion

Which statement is true? (LO5 )

a) Bill Gates pays more Social Security tax than most American workers.

b) The rich pay a higher proportion of their income in Social Security tax than in federal personal income tax.

c) Most wage earners pay more in federal personal income tax than in Social Security tax.

d) The rich pay Social Security tax on nearly their entire income.

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