At 4,039 feet above sea level, Mount Sunflower is the highest point in Kansas. Located in Wallace County, just east of the Kansas/Colorado border, Mount Sunflower is more than 3,300 feet above the state's topographic low point in Montgomery County in southeastern Kansas.
Employee Social Security /OASDI and Medicare. The year 2017 Social Security/OASDI tax rate for employees is 6.2 percent. The Medicare tax rate remains at 1.45 percent. The Social Security/OASDI maximum wage base increases to $127,200 for 2017. There continues to be no cap on the Medicare wage base.
What is the current maximum amount of taxable earnings for Social Security this year? In 2016, the highest amount of earnings on which you must pay Social Security tax is $118,500. We raise this amount yearly to keep pace with increases in average wages. There is no maximum earnings amount for Medicare tax. You must pay Medicare tax on all of your earnings.