Question: Which is not a correct statement about tax contributions made to fund Social Security and Medicare a. Both employees and employers contribute equally. b. The

Which is not a correct statement about tax contributions made to fund Social Security and Medicare

a. Both employees and employers contribute equally.

b. The amount of Social Security and Medicare deductions are capped.

c. Self-employed independent contractors pay both employee and employer portions.

d. High income earners are subject to additional Medicare tax on investment earnings.

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