In 2011, which of the following temporary changes to Social Security was enacted to boost the economy?
A)Benefits were increased by 10%.
B)The portion of payroll taxes paid by employees was reduced from 6.2% to 4.2%.
C)The portion of payroll taxes paid by employers was reduced from 6.2% to 4.2%.
D)The maximum taxable earnings was reduced to $40,000.

Question

Quizplus · Accepted Answer

The temporary change enacted in 2011 was the reduction of the portion of payroll taxes paid by employees from 6.2% to 4.2%. This was done to provide a tax break to individuals and stimulate the economy.

In 2011, Which of the Following Temporary Changes to Social