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Reply to "Two jobs in one year - SS tax refund?"
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[quote=Anonymous][/quote]Because of the way Social Security returns are calculated (bend points/AIME/...), the higher one's earnings, the worse the ROI. Remove the cap, the ROI would get increasingly negative.[/quote] Yeah, people with high earnings should have a negative ROI from their SSI contributions. That would be the point of raising the cap. The high earners don't need the social safety net.[/quote]
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