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21 April, 18:10

In 2003, the Social Security component of the Federal Insurance Contributions Act (FICA) was 6.2 percent of wages and salaries up to $87,000. After that amount, Social Security taxes were not collected, regardless of income. Because Social Security tax was capped in 2003, it was progressive up to $87,000. graduated up to $87,000. proportional up to $87,000. regressive up to $87,000.

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  1. 21 April, 18:42
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    D) proportional up to $87,000
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Home » Social Studies » In 2003, the Social Security component of the Federal Insurance Contributions Act (FICA) was 6.2 percent of wages and salaries up to $87,000. After that amount, Social Security taxes were not collected, regardless of income.
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