Mark the correct answer. FICA taxes are:
A. Paid by the employee and by the employer.
B. 7.65 percent of earned income up to $150,000.
C. Not subject to cost of living adjustments each year.
D. 7.65 percent of all earned income with no limitations.

A. Paid by the employee and by the employer.

Explanation:

The FICA taxes which are Medicare and Social Security are determinate each year. There is a celling for Social Security at which the employee nor the employee stop paying taxes

while the Medicare has a bracket after a certain income from wages at which, increases

Both, the celling and increase in Medicare rate are determinate for each year. and must be paid by both the employee and employer

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.