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Describe the trait theory of leadership and discuss its main limitations.
Social Security Withholding
A mandatory process where employers deduct part of an employee's salary to contribute towards the United States Social Security program, aimed at providing benefits for retirees, disabled workers, and survivors.
Federal Income Tax Withholding
The process by which employers withhold a portion of employees' wages to pay directly to the government as part of the employees' federal income tax obligations.
Withholding Allowance
A deduction that employees can claim to reduce the amount of federal income tax withheld from their paycheck.
Federal Income Tax
Tax levied by the national government on an individual's or corporation's annual income.
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