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Remove or raise the current $113,700 limit on taxable social security wages

Created by J.M. on January 01, 2013

In 2013, FICA tax is paid by employees and employers on maximum wages of $113,700. Medicare has no limit. In order to maintain social security benefits for those who desperately need them, increasing or eliminating the annual wage limit would ensure more revenue to pay social security benefits.

Budget & Taxes
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