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Global forces are expanding rapidly and moving into local communities everywhere. The author notes that many people in local communities respond with:
FICA - Medicare
Part of the Federal Insurance Contributions Act taxes, specifically aimed at funding Medicare, a healthcare program for the elderly and certain disabled individuals in the United States.
Withheld
Refers to a portion of an individual's earnings or payments that is not provided to them but is instead held back, often for tax purposes.
Matched by Employer
Pertains to contributions or payments, typically toward FICA taxes or retirement funds, that an employer duplicates for an employee.
Contingent Liability
A potential financial obligation that may occur or become payable in the future, depending on the outcome of a specific event.
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