If this Trump tax plan passes, Americans making $60,000 will still be paying over four times more of their income in payroll taxes than Americans who make $1 million… How much did your paychecks total last year? You know the answer, of course. So does the Social Security Administration. The totals for every Americanâs paycheck income are sitting in Social Securityâs computers.Once every year, Social Security does a serious data dump out of those computers to let us know just how much working Americans are actually making. The latest totals â covering 2016 â have just appeared. Most of us, the new numbers show, are simply not making all that much.
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