Commenting on Tanzania 's 2025 Millennium Development Goal Tanzanian Prime Minister Mizengo Pinda said only 12 years remained and the Tanzanian government is focussed on applying the Big Results Now initiative to ensure there is clear implementation of various projects.
The maximum Social Security tax in 2017 will be $7,886.40 per employee, which represents a pretty big increase over 2016. That's the simple answer. Below, find out why the maximum Social Security tax is increasing so much, whether the increase will affect you, and what to expect in the coming years.
Social Security taxes would be withheld from the $135,900 you earned in 2018, but the maximum taxable earnings for the year are only $128,400. You claimed a refund of the Social Security taxes withheld from the last $7,500 in earnings when you filed your 2018 personal income tax return with the Internal Revenue Service (IRS).