Examlex
Each of the following is true EXCEPT
Wages
Compensation provided to employees for their work, often determined on a per hour, per day, or per task completed basis.
Social Security Tax
Taxes levied on both employers and employees to fund the Social Security program, which provides retirement, disability, and survivor benefits.
Taxable Income
The amount of an individual's or corporation's income used to determine how much tax is owed to the government.
Marginal Tax Rate
The percentage of tax applied to your income for every tax bracket in which you qualify.
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