The amount of social security that would be withheld from the person with the income of 10000 $ would be $620.
Explanation:
The percentage of income pulled for the social security fund of the government is 6.2%from the employee and the same amount taken from the employer
Social security is the amount taken up specifically for surveillance, policing and civic rules and regulations and their upkeep for the people. As such the rates are taken from both the firm and the employed.
So, a 6.2%rate out of $10000 would come out to be
6.2 * 10000/100
= $620
Which is the amount that is payable to the government for tax.
