Answer:
Fred paid US$ 310 to Social Security as a payroll tax
Fred paid US$ 72.50 to Medicare as a payroll tax
Fred paid 18% of his income to the Federal government as an income tax
Fred paid 5% of his income to the state government as an income tax
Step-by-step explanation:
Fred's earnings in June were $ 5,000
A. Payment to Social Security
5,000 * 6.2% = 5,000 * 0.062 = 310
B. Payment to Medicare
5,000 * 1.45% = 5,000 * 0.0145 = 72.50
C. Federal Income Tax
900/5,000 = 0.18 = 18%
D. State Income Tax
250/5,000 = 0.05 = 5%
