Search Results - subject:"wage cap"

Who's (Still) Above the Social Security Payroll Tax Cap?

Jones, Janelle; Schmitt, John; Woo, Nicole - Center for Economic and Policy Research (CEPR) - 2012

The Social Security payroll tax cap is the earnings level above which no further Social Security taxes are collected. The cap is currently at $110,100, though legislation has been introduced in Congress to apply the Social Security payroll tax to earnings above $250,000 (but not between the...

Persistent link: https://www.econbiz.de/10010550996

Who's Above the Social Security Payroll Tax Cap?

Jones, Janelle; Schmitt, John; Woo, Nicole - Center for Economic and Policy Research (CEPR) - 2011

,800 are not taxed by Social Security. In other words, a worker who makes twice the Social Security wage cap – $213,600 per …

Persistent link: https://www.econbiz.de/10009293653