Supposedly, he and his troops drank it after defeating the Prussian army in 1809. Wine Snobs, Thereâs a Beer for You Jordan Salcito April 4, 2014. Prussian militarism was unlovely, to be sure, but the Kaiser was no FÃ¼hrer. The Utterly Pointless First World War Michael F. Bishop May 21, 2013. The whole purpose was to create this idea that there was this Prussian juggernaut.
Officially known as the wage base limit, the threshold changes every year. For 2015, the maximum amount of earnings subject to tax is $118,500. You pay no taxes on any income earned beyond that amount. Next up: Certain religious groups.
In 1993, the Omnibus Budget Reconciliation Act removed the taxable wage limit for the Medicare tax beginning in 1994 and years thereafter. Therefore, there is no maximum employee or employer contribution amount for Medicare tax for 2015.All covered wages will be subject to Medicare tax at a rate of 1.45%.n 1993, the Omnibus Budget Reconciliation Act removed the taxable wage limit for the Medicare tax beginning in 1994 and years thereafter. Therefore, there is no maximum employee or employer contribution amount for Medicare tax for 2015.