Question: Which statement best summarizes the functioning of the Social Security system? a. The federal government collects taxes to fund entitlement programs like Medicare. b. Workers
Which statement best summarizes the functioning of the Social Security system? a. The federal government collects taxes to fund entitlement programs like Medicare. b. Workers are required to set aside a certain portion of their paycheck for a retirement fund. c. Workers pay Social Security taxes, which would be disbursed to current retirees. d. The government taxes the employed at a higher rate to create an income for the unemployed
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