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rdean
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Guess Who Got Two Giant Windfalls This Week? Millionaires!
After today, Thursday, February 16, people with million-dollar salaries will stop paying the Social Security payroll tax for the year. The annually adjusted payroll tax cap is $127,200 this year. No one earning more than that pay Social Security taxes for the income they take home in excess of the cap. For bigger earners, including Trump himself, the tax holiday comes much earlier.
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Now I'm a senior. I hope Republicans don't ruin my life.
