13
QuizMultiple Choice

Paying Taxes

Question 13 • * HSA 26-27 Economics

Which tax is used to support healthcare costs for retirees?

Answer
e
excise tax
S
Social Security tax
M
Medicare tax
p
progressive tax

Explanation

Medicare tax helps fund Medicare, the federal health insurance program that primarily serves people age 65 and older, including retirees. Social Security tax supports retirement, disability, and survivor benefits, rather than healthcare costs. Therefore, the correct choice is Medicare tax.

AI-written and checked against the verified answer.

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