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    Principles of Economics Study Set 12
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    Exam 14: Taxes, Transfers, and Income Distribution
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    Which of the Following Is Not True of a Payroll
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Which of the Following Is Not True of a Payroll

Question 130

Question 130

Multiple Choice

Which of the following is not true of a payroll tax?


A) It is the same as personal income tax.
B) It includes Medicare tax.
C) It includes Social Security tax.
D) It includes unemployment tax.
E) It is a tax based on wages and salary income.

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