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Question
Submitted by hope.paige on Thu, 2012-01-26 09:54
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If the social security administration increased the taxable wage base from $94,200 to $97,500 and the 6.2% tax rate is...

If the social security administration increased the taxable wage base from $94,200 to $97,500 and the 6.2% tax rate is unchanged what is the percent increase in the base rounded to nearest hundredth percent?

Geraldine earned over $100,000 each of the past two years. What is her increase in the base?

Answer
Submitted by shahimermaid on Thu, 2012-01-26 10:00
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xxxxxxx increase xx the base = xxxxxx xxxxxxxxxxxxx xxxx =
xxxxxxxxxx xxxxx 3.5%


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