What Determines Who Bears the Burden of the Social Security

question 64

Essay

What determines who bears the burden of the social security tax?

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Definitions:

Assignment Situations

Circumstances in which rights or duties under a contract are transferred from one party to another.

Assignability

The capability of a contract or right to be transferred from one party to another.

Contractual Obligations

Refers to the legally enforceable promises and duties that parties agree upon in a contract.

Legal Restrictions

Laws or regulations that limit or regulate certain activities or behaviors in order to protect public interest.