Social Security Tax Base Shrinks as Upper Incomes Grow

Executives and other highly compensated employees represent only six percent of U.S. wage-earners but receive more than one-third of all pay in the U.S., the Wall Street Journal found in an analysis of Social Security Administration data. Billions of dollars more in compensation goes unrecorded by the government.

Social Security Tax Base Shrinks as Upper Incomes Grow
Source: Retirement Income Journal