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Modern means of transportation and communication have facilitated the process of globalization.
FICA Social Security
A U.S. government program funded by payroll taxes, providing retirement benefits, disability income, and survivor benefits.
FICA Medicare
A federal payroll (or employment) tax used to fund the Medicare program, split between employers and employees.
Federal Income Taxes
Taxes levied by the federal government on yearly earned income.
Regular Rate
The hourly pay rate that is used to calculate overtime premium.
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