Social Security Taxes Are Considered to Be Regressive Because They

question 4

Multiple Choice

Social Security taxes are considered to be regressive because they tax

• A) wages up to a cap; thus, those with earnings above the cap pay a smaller proportion of their incomes than those who earn less.
• B) corporate profits more heavily than other forms of income, since firms pay Social Security payroll taxes.
• C) all forms of income, earned and unearned, forcing poor people on welfare to pay taxes on their welfare income.
• D) everyone including the unemployed, and most retired people are considered unemployed.
• E) workers at higher rates than the rates paid out to those who are retired so that individuals can never get back more than they contributed to the fund.

Describe the process of allowing current flow in one direction and the components involved.

Recognize the operational stages of a battery and their significance.

Understand the structure and function of a stator in electric motors and generators.

Explain the mechanism of starter engagement and its components.

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Definitions:

Federally Registered

Designation indicating that an entity or activity has been officially recorded or acknowledged by the federal government.

Capital

Financial assets or resources that individuals or organizations use to fund their operations and invest in their future growth.

Company's Shares

Units of ownership interest in a corporation or financial asset, providing a portion of the company's profits and a claim on its assets to the shareholders.

Angel Investor

An affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity.