-- Social Security tax: The amount of annual wages subject to the Social Security tax will rise to $102,000 in 2008 from $97,500. The 4.6 percent increase is based on the increase in average wages. About 12 million workers will pay higher tax next year as a result.
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/10/23/BUD8SU6RH.DTL&type=printable
Does anyone know if this is going to be implemented? That's a HUGE increase.
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/10/23/BUD8SU6RH.DTL&type=printable
Does anyone know if this is going to be implemented? That's a HUGE increase.