Examlex
Which of the following statements is incorrect or false?
Social Security Tax
A tax collected by the government to fund the Social Security program, typically levied on both employers and employees to provide retirement, disability, and survivorship benefits.
Federal Income Tax
An annual financial burden put on individuals, corporations, trusts, and various legal bodies by the United States federal government.
Labor Taxes
Taxes imposed on the wages and salaries of employees.
Consumer Surplus
The deviation between the overall amount consumers are keen and able to pay for a good or service against the sum actually paid.
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