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Because of the cap, the maximum Social Security payroll tax is about $10,900 per year. (Note: An additional payroll tax of 2.9 percent is collected on all wages for ...
http://www.ncpa.org
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... comparing 2004 and 2005 amounts for many items such as Social Security ... Self-employed * Can be offset by income tax provisions ... You can earn a maximum of four credits each year.
http://www.ssa.gov
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This affects Social Security's financing, since the Social Security payroll tax is imposed only up to a maximum taxable level ($87,000 in 2003). Furthermore, life expectancy of people with higher ...
http://www.brookings.edu
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Since 1939, Congress has raised both the maximum taxable amount and the Social Security payroll tax rate on many occasions, exposing an ever-higher percentage of workers' income to taxation.
http://www.heritage.org
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Wage limits. For social security tax, the maximum amount of 2005 wages subject to the tax is $90,000. For Medicare tax, all covered 2005 wages are subject to the tax.
http://www.irs.gov
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... The maximum original Social Security tax was just $60. Today it is $11,000. Source: Social Security Administration
http://www.socialsecurity.org
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From the Cato organization. A position paper supporting privatization of Social Security.
http://www.cato.org
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However, the earnings on which the 12.4% Social Security tax must be paid stops at a predetermined maximum amount. In 2000, this amount was $76,200, on which you would have owed $9,448.80 in Social ...
http://www.incorporationblog.com
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