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Social Security Tax: The 2 Ways You Pay

(By – Dan Caplinger)

Americans hate taxes, and having to pay tax on your earnings is a bitter pill for most taxpayers to swallow. Yet if there’s anything worse than paying taxes, it’s paying them twice. Unfortunately, when it comes to Social Security tax, that’s exactly what happens to many people, as two completely separate taxes often end up hitting you over the course of your lifetime. Let’s take a more in-depth look at these two taxes with an eye toward figuring out what you can do to pay as little tax as possible. Read more…

 

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