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Discuss what portion does the government collect from sam

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Sam works for Click KlaK Company. Click Klak is a reasonably large general merchant. Sam earns $100,000 per year. According to the text, how much social security (OASDI and Medicare) tax does the Federal governement collect on these earnings? What portion does the government collect from Sam? What portion does the government collect from Sam's employer? What other costs are paid by either Sam or his employer related to Sam's salary - describe the other costs but it is not necessary to identify the actual amounts

Reference no: EM131757830

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