Sentences with phrase «larger social security contributions»

Not exact matches

Much larger sums could be raised by lifting the cap on Social Security payroll contributions, which is currently set at $ 118,500 per year.

Our analysis of evidence from the BLS National Compensation Survey and the NASRA Public Fund Survey shows that the employer contribution rates for public school teachers are a larger percentage of earnings than for private - sector professionals and managers, whether or not we take account of teacher coverage under Social Security.

Self - employed people have to pay income taxes just like everyone else, but also have to make larger contributions to social security than people employed by someone else.