Birdwatch Note Rating
2023-01-27 13:03:31 UTC - NOT_HELPFUL
Rated by Participant: 050FCFBE29BDDA47E8F721074005460527A5FD69ADDDF0C19D0253327788E9BB
Participant Details
Original Note:
While Biden misstates the income limit, this is an accurate portrayal of how FICA taxes work. Income under a certain limit is taxed at a constant rate, and income over that limit is not. As of 2023, that income limit is $160,200. https://www.ssa.gov/benefits/retirement/planner/maxtax.html https://www.nerdwallet.com/article/taxes/fica-tax-withholding
All Note Details