In the first few hours of 2024, over 220 U.S. workers will have likely paid all their Social Security taxes for the entire year. In contrast, over 160 million workers will pay all year.
In 2023, the maximum earnings subject to Social Security taxes was $160,200, in 2024 it is $168,600. Elon Musk earned $168,600 in about 4 minutes. It took Tim Cook of Apple
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