lectur11-page25 - or Medicare. v Maximum earnings taxed...

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25 Historical Social Security Tax Rates: v Before 1950, SS rate = 1.0 percent paid by both the employer and employee. v This covered retirement only, no disability
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Unformatted text preview: or Medicare. v Maximum earnings taxed prior to 1950 = $3,000 v Maximum tax paid prior to 1950 = $30 per employee, $30 per employer...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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