Examlex
Which of the following statements is TRUE?
Unemployment Compensation
Payments made by the government or a fund to unemployed workers who meet certain eligibility requirements.
Social Security Tax
Taxes collected from employees and employers to fund the Social Security program, providing retirement, disability, and survivor benefits.
Medicare Tax
A federal tax paid by employees and employers to fund the Medicare program.
Federal Income Tax
The tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
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