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The Soclal Security Administration Increased the taxable wage base from $137,700 to $142,800. The 6.2% tax rate Is unchanged. Joe Burns earned over $132,200 each

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The Soclal Security Administration Increased the taxable wage base from $137,700 to $142,800. The 6.2% tax rate Is unchanged. Joe Burns earned over $132,200 each of the past two years. What Is the percent Increase In the base? Note: Round your answer to the nearest hundredth percent

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