Examlex
Construct a truth table for the statement.
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Medicare Benefits
Medicare benefits refer to the health care services covered under Medicare, a United States federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant).
FICA Tax
Federal Insurance Contributions Act tax used to finance federal programs for old-age and disability benefits (social security) and health insurance for the aged (Medicare).
Payroll Tax
Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.
Interest-Bearing Note
A debt security that pays interest to the holder, typically at a fixed rate, until maturity.
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