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In 2025, the Social Security tax cap rises to $176,100, marking a $7,500 increase from 2024. This change impacts individuals earning between $168,600 and $176,100, who will now pay taxes on a ...
President Bush says he has not ruled out raising taxes on those who earn more than $90,000 a year to help bolster Social Security's finances. Under the current system, payroll taxes are paid only ...
The possibility of raising the cap on payroll taxes may help to close the Social Security gap, but the option could pose other problems. Business correspondent Paul Solman examines both sides of ...
The current cap on taxable income which is subject to the SS tax is $176,100.00. I meet many retired people who are concerned that SS is going to go broke soon, but they don't know about the cap.
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