Examlex
Which of the following illustrates a corporation's commitment to being socially responsible?
Social Security Tax
A mandatory payroll tax collected to fund the Social Security program, providing retirement, disability, and survivors' benefits.
Medicare Tax
A federal tax that funds the Medicare program, which is withheld from an employee's paycheck and also matched by the employer.
FICA Tax
A federal tax in the United States that funds Social Security and Medicare, contributed by both employees and employers.
Tax Withheld
The portion of an employee's income that an employer sends directly to the government as a payment of income taxes.
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