Birdwatch Note Rating
2023-01-28 02:45:23 UTC - HELPFUL
Rated by Participant: FC4D1FD1C2FBA999C8B6BFB827F7AEA87CBB998C0BDAF87B2E8C77CB5A612FB0
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