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Congressional Research Service Issues In Focus White Paper on Social Security Taxable Earnings Base
March 28, 2023
WASHINGTON, March 28 -- The Congressional Research Service issued the following In Focus white paper on the Social Security taxable earnings base (No. IF12360) on March 27, 2023, by social policy analyst Zhe Li.

Here are excerpts:

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Social Security Taxable Earnings Base: An Overview

Introduction

Social Security payroll taxes are levied on covered earnings up to a maximum level set each year. This maximum is known as the contri . . .

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