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Social Studies, 05.12.2019 02:31 reyescarlosivan0

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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In 2003, the social security component of the federal insurance contributions act (fica) was 6.2 per...
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