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lorasvet [3.4K]
3 years ago
13

Identify the common purpose of social security and Medicare taxes

History
1 answer:
marissa [1.9K]3 years ago
5 0

Answer:

hope this helps

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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