A very meaningful four letter word.
Currently, only the first $97,500 of a person's annual income is taxed. The amount is scheduled to rise to $102,000 next year.
That's written as if they were taxing a mere pittance, 'only' $97,000. The higher that limit goes, the more the facade of Social Security as a retirement program is chipped away to reveal an edifice of income redistribution. Rob at Say Anything:
Right. Because that’s what Americans need. More taxes.
