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https://www.nerdwallet.com/article/taxes/federal-income-tax-brackets https://www.nerdwallet.com/article/taxes/federal-income-tax-... Income over $130k is heavi

https://www.nerdwallet.com/article/taxes/federal-income-tax-brackets https://www.nerdwallet.com/article/taxes/federal-income-tax-... Income over $130k is heavily taxed at 24%. Retirement age can only be increased so many times before retirement is effectively gone for the lower class - I think I've heard the statistic that the majority of Americans will only ever collect on three social security checks.

nradov 4y ago
You heard wrong. Full Social Security retirement age is 67. US life expectancy is 79. Social Security benefits are paid monthly. Do the math.
alistairSH 4y ago
You do realize SS tax is a different line item on your taxes, right? Over $137k does not pay into the SS system.