Marykoss Marykoss

09-12-2016
Geography

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What tax deduction is used to provide money for the social security system?

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garutachi garutachi

09-12-2016

It's called the Social Security Trust Fund, and it's typically taken directly from wages. If you ever get a job, on your pay stub there will be a deduction that's usually just called "SOCIAL SECURITY". So, largely payroll taxes.

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