1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xz_007 [3.2K]
3 years ago
10

In 2013, the Social Security Administration announced that the Social Security Maximum Taxable Earnings would be capped at $113,

700. That means that earnings and wages above that amount would not be taxed. Social Security is an example of a ________ tax.
Business
1 answer:
Nadya [2.5K]3 years ago
5 0

Answer:

Regressive tax

Explanation:

Social Security tax is the tax that is not exempted from employers and employees and which the funds are used to finance the Social Security program.

The Social Security tax finances the retirement, disability, and other benefits that eligible Americans receive under the Old-Age, Survivors, and Disability Insurance (OASDI) Program - the legal name of Social Security in the United States of America.

It is a Regressive tax in the sense that it takes a larger percentage of income from low-income earners than from their high-income counterparts, thereby further widening the already wide social divide between the rich and the poor.

You might be interested in
Jackie has determined some possible careers that would suit her include being a photographer, a graphic artist, a web designer,
tangare [24]

The correct statement is that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career. So, the correct option is A.

The analysis of resources can be done by following the process of carefully taking into consideration, the resources that are accessible by Jackie during the entire course of pursuing the career.

<h3>What is a decision-making process?</h3>

A decision-making process is used for deriving at conclusion after taking into consideration the plans, options and the resources that are favorable for accomplishments of such task.

The next step that is to be taken in the decision-making process is to analyze the resources that can be accessed by such person so that a conclusion is derived.

In the case of Jackie, he must take into account the resources that he has for deciding his careers like admission fee, infrastructure, knowledge of the field, etc. and decide the most favorable field.

Hence, the correct option is A that the next step to be taken by Jackie should be analyzing the resources available in his hands for decision-making of his career.

Learn more about decision-making here:

brainly.com/question/3369578

8 0
2 years ago
Sun Technologies, a cell phone manufacturing company, decided to change the operating system of its phones to eliminate the prob
larisa86 [58]

Answer:

Unfreezing

Explanation:

There are three phases of organizational change. Sun Technologies can be said to be at its unfreezing stage.

The organization must properly communicate with its employees and consumers at each level of changes they are.

  • At the unfreezing stage, the goal is to change the mindset and belief of the consumers about a particular process being deployed.
  • Since the adoption of the new technology is being advertised as one that will make things better, we can see elements of unfreezing here.
  • Other stages are the actual change phase and freezing stage
8 0
3 years ago
Determine which of the items below would show up on a monthly bank statement. (Check all that apply.)
djverab [1.8K]

Answer:

Deposits and other credits increasing the account during the period.

End-of-period balance in the account.

Beginning-of-period balance in the account.

Checks and other debits decreasing the account during the period.

Explanation:

A bank's monthly statement may be described as document showing transaction details which occurred on a bank account during a specified period of time. The monthly statement will include balance or amount in the account at the beginning of the period. The record of deposits and inflow of funds or credits in the account. The monthly statement will also include outflow, which are withdrawals and debits occurring on the account at the specified period of time. Also, the statement will include the balance at the end of the specified period of time.

7 0
3 years ago
_________obtain goods from manufacturers and sell them to consumers.
zzz [600]

Answer:

market?

Explanation:

cause in the end it says sell them

6 0
3 years ago
Read 2 more answers
How would you pay taxes on a earned income?
nasty-shy [4]
You must pay two types of taxes on earned income: Social Security/Medicare taxes (called FICA, OASDI, or payroll taxes) and income taxes. The payroll taxes that are withheld from your paycheck have two components.
3 0
3 years ago
Other questions:
  • What happens if Jeff refuses to pay the equilibrium wage for coffee shop employees?
    6·2 answers
  • What is the smallest unit of data on the hard drive? folders sectors gigabytes clusters?
    14·1 answer
  • Elegant Decor Company's management is trying to decide whether to eliminate Department 200, which has produced losses or low pro
    8·1 answer
  • Which concept do businesses Which professional source provides entrepreneurs with expertise and knowledge about buying an existi
    9·1 answer
  • Earning a degree can be expensive but which example shows why it might be worth it?
    6·1 answer
  • The following account balances were drawn from the financial records of Kent Company (KC) as of January 1, 2018: Assets, $35,000
    13·1 answer
  • Choose the correct statement about audits of corporations:
    9·1 answer
  • For a certain product, the cost function is linear with fixed costs of $480. If the product will sell for $25 per unit and the b
    13·1 answer
  • Community attitudes, zoning restrictions, and quality of labor force are likely to be considered in which of the following locat
    6·1 answer
  • Information of Company X:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!