Here's Why More Social Security Taxes in 2023 Shouldn't Scare You
The Social Security Administration collected $980.6 billion in payroll taxes in 2021, and while the 2022 data isn't in yet, that number is likely to be even higher. This trend looks likely to continue in 2023, as Social Security's maximum taxable income is set to rise again next year.
The thought of the government taxing even more income may not be a pleasant one, but for most people, it's not a huge deal. Here's why.
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Source Fool.com
