Tax laws assist the rich by placing a cap on the amount of their income that can be taxed for purposes of Social Security.

Question

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The Social Security tax applies only up to a certain level of earned income, known as the Social Security Wage Base. Income above this level is not subject to Social Security tax, which can disproportionately benefit higher-income earners by capping the amount of their income that is taxed for Social Security purposes.

Tax Laws Assist the Rich by Placing a Cap on the Amount