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.
Example of Tax Deferral with Salary Deferral. Letâ say you defer $100 a month of your salary into an employer retirement plan. Thatâs $1,200 over a year. Assume you are in the 25% tax bracket.Normally you would pay $300 of tax on that $1,200 of earnings.When you put it into a tax-deferred plan, you do not pay taxes on it.etâ say you defer $100 a month of your salary into an employer retirement plan. Thatâs $1,200 over a year. Assume you are in the 25% tax bracket. Normally you would pay $300 of tax on that $1,200 of earnings. When you put it into a tax-deferred plan, you do not pay taxes on it.