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Sketch the graph of the function.
FICA Tax
Federal Insurance Contributions Act tax, which funds Social Security and Medicare, jointly paid by employees and employers.
Employer
An entity or individual that hires and pays for the services of an employee or contractor.
Withholding Allowances
Amounts that taxpayers can claim to reduce the federal income tax withheld from their paycheck, based on their expected tax deductions and credits.
FICA Taxes
Taxes collected under the Federal Insurance Contributions Act, funding Social Security and Medicare, required to be paid by both employees and employers.
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