BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What do taxes collected under the Federal Insurance Contributions Act (FICA) fund?
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Medicaid & Supplemental Security Income
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Medicare & Medicaid
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Social Security & Medicare
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Social Security & Medicaid
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Explanation:
Detailed explanation-1: -FICA helps fund both Social Security and Medicare programs, which provide benefits for retirees, the disabled, and children.
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