Which of the following statements explains the relationship between Social Security and Medicare taxes?
a. Both Social Security and Medicare are applied to all wages up to $106,800.
b. Both Social Security and Medicare are applied to all wages without limit.
c. Medicare is applied to all wages up to $106,800. Social Security is applied to all wages without limit.
d. Social Security is applied to all wages up to $106,800. Medicare is applied to all wages without limit.
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