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Tax cap
Upper bound on the amount of personal government tax From Wikipedia, the free encyclopedia
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A tax cap places an upper bound on the amount of government tax a person might be required to pay. In this case the tax is said to be capped.
![]() | You can help expand this article with text translated from the corresponding article in German. (March 2021) Click [show] for important translation instructions.
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An example of this is the American Social Security Tax, which does not apply to wages over an annual limit.[1]
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