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Remove the CAP on Social Security Payroll Tax

Created by M.M. on December 29, 2012

The 2012 Social Security (OASDI) wage base is $110,100. Any earnings above this number DO NOT have Social Security taxes.

Remove the Cap on this tax. This will provide funding for Social Security well into the future. We would never put a cap on the amount of Sales Tax payable, why cap Social Security tax?

Economy & Jobs
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