The revenue that the federal government collects from payroll taxes is earmarked to pay for
A)national defense and income security (welfare)programs
B)national defense and Medicare
C)Social Security and public schools
D)Social Security and Medicare

Question

Quizplus · Accepted Answer

Payroll taxes primarily fund Social Security and Medicare programs. The Social Security program provides retirement, disability, and survivor benefits to eligible beneficiaries, while the Medicare program provides health benefits to eligible individuals who are 65 years or older or have certain disabilities.

The Revenue That the Federal Government Collects from Payroll Taxes