Nearly all working Americans will continue to pay the social security tax through the duration of 2014. The 900 wealthiest, however, have fulfilled their responsibility for the whole year on Thursday by earning $117,000 – the maximum total social security is allowed to take from an individual income each year - on the first and second days of the month.
Exactly who made enough money to qualify for the end of Social Security payments will be difficult to ascertain until the end of 2014, but by January 2, 2012, 894 individuals across the nation had already fulfilled their commitment. The Los Angeles Times noted that this exclusive club was made up of mostly corporate CEOs who were not in the 1 percent or .01 percent, but rather the .0001 percent of high income earners. Executives at NewsCorp, Philip Morris, Pfizer, ComCast, and Starbucks all made up 70 of the 894 that year.
http://rt.com/usa/900-super-rich-no-taxes-158/
Exactly who made enough money to qualify for the end of Social Security payments will be difficult to ascertain until the end of 2014, but by January 2, 2012, 894 individuals across the nation had already fulfilled their commitment. The Los Angeles Times noted that this exclusive club was made up of mostly corporate CEOs who were not in the 1 percent or .01 percent, but rather the .0001 percent of high income earners. Executives at NewsCorp, Philip Morris, Pfizer, ComCast, and Starbucks all made up 70 of the 894 that year.
http://rt.com/usa/900-super-rich-no-taxes-158/
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