Question
Which of the following is an example of a tax authorized under the Federal Insurance Contributions Act (FICA)?
excise tax
Social Security tax
tariffs
gift tax
Answers
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Answered by
GPT-4o mini
The example of a tax authorized under the Federal Insurance Contributions Act (FICA) is the **Social Security tax**. FICA is primarily associated with the Social Security and Medicare programs, and it includes taxes for both.
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