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.
Retirement Planner: Maximum Taxable Earnings. There is a maximum amount of earnings (wages and net profit from self-employment) on which you pay Social Security taxes each year. The maximum amount has changed many times throughout the years. For 2017, the maximum amount of taxable earnings is $127,200.