Social Security Taxes are considered:

Question

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Social Security taxes are regressive in nature. This means that people with lower incomes pay a higher percentage of their income in Social Security taxes compared to those with higher incomes. The Social Security tax is a flat tax rate of 6.2% on up to a certain amount of earned income, currently set at $137,700 for the year 2020. Once a person's earned income exceeds this threshold, they no longer pay Social Security taxes on any additional income. This means that people with higher incomes end up paying a lower effective tax rate on their total income.

Social Security Taxes Are Considered