QUESTION IMAGE
Question
used to support healthcare costs for retired workers; collected from workers in most states; used to provide financial support to retired and disabled workers; collected from most workers, who pay up to 39.6 percent of their earnings; collected by towns and cities to fund city programs; federal income tax; state income tax; local income tax; social security tax; medicare tax
Step1: Analyze each tax and its purpose
- Federal Income Tax: Collected from most workers, with rates up to 39.6% of earnings.
- State Income Tax: Collected from workers in most states (purpose not fully matching the left boxes yet).
- Local Income Tax: Collected by towns and cities to fund city programs.
- Social Security Tax: Used to provide financial support to retired and disabled workers.
- Medicare Tax: Used to support healthcare costs for retired workers.
Step2: Match each left box to the tax
- "used to support healthcare costs for retired workers" → Medicare Tax (since Medicare is for healthcare of retirees).
- "collected from most workers, who pay up to 39.6 percent of their earnings" → Federal Income Tax (high federal income tax rates).
- "collected by towns and cities to fund city programs" → Local Income Tax (local taxes fund local programs).
- "collected from workers in most states" → State Income Tax (state taxes are state - wide, collected from workers in most states).
- "used to provide financial support to retired and disabled workers" → Social Security Tax (Social Security provides support to retired and disabled).
Step3: Draw the connections
- Connect "used to support healthcare costs for retired workers" to "Medicare tax".
- Connect "collected from most workers, who pay up to 39.6 percent of their earnings" to "federal income tax".
- Connect "collected by towns and cities to fund city programs" to "local income tax".
- Connect "collected from workers in most states" to "state income tax".
- Connect "used to provide financial support to retired and disabled workers" to "Social Security tax".
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
The connections are as follows:
- "used to support healthcare costs for retired workers" - Medicare tax
- "collected from most workers, who pay up to 39.6 percent of their earnings" - federal income tax
- "collected by towns and cities to fund city programs" - local income tax
- "collected from workers in most states" - state income tax
- "used to provide financial support to retired and disabled workers" - Social Security tax