The ________ Instituted Significant Changes to Payroll Taxes,especially Adjustments for Inflation

question 12

Multiple Choice

The ________ instituted significant changes to payroll taxes,especially adjustments for inflation and employee income tax computation.

• A)Social Security Act
• B)Walsh-Healey Public Contracts Act
• C)Tax Cuts and Jobs Act
• D)Affordable Care Act

---

Definitions:

Stimulus Plan

A package of economic measures put together by a government to stimulate a floundering economy.

Immigration

The action of coming to live permanently in a foreign country.

Foreign Tourists

Visitors from other countries who travel to a different country for leisure, business, or other purposes, contributing to the host country's economy.

Merchandise Trade Imbalance

A discrepancy between a country's exports and imports of tangible goods, leading to either a trade surplus or deficit.