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Why does my Social Security tax change throughout the year? 

State income tax
Economic security
Social security
Tax rate
Payroll tax

Answers from top 8 papers

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Papers (8)Insight
Journal Article•DOI
The impact of demographic change on social security financing.
William A. Halter, Richard Hemming 
01 Sep 1987
20 Citations
Through use of a simple projection model it is shown that, without significant reform, social security programs as constituted in 1980 would have implied substantial increases in social security tax rates by the year 2025 in all four countries.
Journal Article•DOI
Short horizons, time inconsistency, and optimal social security
T. Scott Findley, Frank Caliendo 
08 May 2009-International Tax and Public Finance
38 Citations
Thus, the basic life-cycle model can be augmented with only this slight twist in order to rationalize a social security program with the current U. S. tax rate.
Open access•Report•DOI
The Efficiency Gains from Social Security Benefit - Tax Linkage
Alan J. Auerbach, Laurence J. Kotlikoff 
01 Jun 1985-Social Science Research Network
7 Citations
Since the efficiency costs of distortionary taxation rise as roughly the square of the tax rate, the Social Security payroll tax may be more than doubling the dead weight loss of labor income taxation. The findings of this paper suggest that there may be very significant efficiency gains available from tightening the connection between marginal Social Security taxes paid and marginal Social Security benefits received.
Open access•Journal Article•DOI
The effects of collecting income taxes on Social Security benefits
John Bailey Jones, Yue Li 
26 Jan 2017-Journal of Public Economics
32 Citations
We find that in a long-run stationary environment, replacing the taxation of Social Security benefits with a revenue-equivalent change in the payroll tax would increase labor supply, consumption, and welfare.
Open access•Journal Article•DOI
Social security and labor supply incentives
Roger H. Gordon
01 Apr 1983-Contemporary Economic Policy
29 Citations
We find that the Social Security Program on net in the past has provided a large subsidy to labor supply, which for many people effectively offset the personal income tax.
Journal Article•DOI
Accounting for Social Security Benefits
Howell E. Jackson
01 Aug 2005-Social Science Research Network
16 Citations
In addition, the current Social Security Statements obscure the extent to which additional years of labor market participation increase the value of Social Security benefits.
Journal Article•DOI
The Persistence, Forecasting, and Valuation Implications of the Tax Change Component of Earnings
Andrew Schmidt
01 May 2006-The Accounting Review
91 Citations
I find that the initial tax change component is more persistent for future earnings than the revised tax change component.
Journal Article•DOI
Accounting for Social Security and Its Reform
Howell E. Jackson
17 Oct 2003-Social Science Research Network
27 Citations
In addition to misrepresenting the magnitude of the Social Security system's looming financial crisis, the current accounting system for Social Security distorts public debate over Social Security reform proposals and confuses the relationship between Social Security and the rest of the federal budget.

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