| Number |
Table and graph selection |
| E1.1 |
Raise payroll tax rates (for employees and employers combined) by 2.2
percentage points in 2010 and later.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E1.2 |
Raise payroll tax rates (for employees and employers combined) by 2.0
percentage points in 2022 (to 14.4% combined) and by an additional
2.0 percentage points in 2052 (to 16.4% combined).
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E1.3 |
Beginning in 2010, reduce the combined OASDI payroll tax rate
from 12.4 percent to 11.4 percent.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision (effective dates may be different)
|
| E1.4 |
Raise the payroll tax rates gradually (for employees and employers
combined) by 0.1 percentage points in 2015; continue this increase each
year for 20 years. By 2034, the combined employee and employer payroll
tax rate would be 14.4 percent.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision (effective dates may be different)
|
| E2.1 |
Beginning in 2010, make all earnings subject to the payroll tax
(but retain the current-law taxable maximum for benefit calculations).
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.2 |
Beginning in 2010, make all earnings subject to the payroll tax and
credit them for benefit purposes.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.3 |
Determine the level of the contribution and benefit base such that 90
percent of the earnings would be subject to the payroll tax (phased in
2010-2019). All earnings subject to the payroll tax would be used in
determining benefits.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.4 |
Make 90% of the earnings subject to the payroll tax (phased in
2010-2019), but retain the current-law taxable maximum for benefit
purposes. This estimate considers all self-employed earnings in
computing the percentage of earnings subject to the payroll tax.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
(effective dates may be different)
|
| E2.5 |
Raise the taxable maximum amount (the contribution and benefit base)
to include 90 percent of total OASDI covered earnings. Phase in
this increase gradually between 2011 and 2016. Benefit
computations would reflect all earnings up to the new taxable
maximum.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.6 |
Impose a 3 percent payroll tax on OASDI covered earnings above
the current taxable maximum starting in 2010. Benefit
computations would not reflect any earnings above the taxable
maximum amount.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.7 |
In 2010 through 2012, raise the OASDI contribution and benefit
base from $106,800 to $115,200 (in 2009 AWI indexed dollars). For
years after 2012, the contribution and benefit base would be increased
based on changes in SSA's average wage index. Additional earnings
subject to the OASDI payroll tax would be credited for benefit
calculation purposes.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision (effective dates may be different)
|
| E2.8 |
Impose a 6 percent payroll tax on OASDI covered earnings above
the current taxable maximum starting in 2010. Benefit
computations would not reflect any earnings above the taxable
maximum amount.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.9 |
Beginning in 2010, make all earnings subject to the OASDI payroll tax
and give benefit credit using an PIA formula that is extended to
provide less credit for those with AIMEs higher than the current-law
maximum AIME level. The high end of the benefit formula, applied to
2009, would be: 15 percent of AIME between $4,482 and $8,900
($106,800 divided by 12), plus 3 percent of AIME over $8,900.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.10 |
Beginning in 2010, raise the taxable maximum each year by an
additional 2 percent over the current-law, wage-indexed amount until
total earnings subject to payroll taxes equals 90 percent of all
covered earnings. Credit the earnings for benefit purposes.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.11 |
Make all earnings subject to the employer OASDI payroll tax
beginning in 2010. For the employee OASDI payroll tax and for
benefit calculation purposes, the taxable maximum would equal the
present-law taxable maximum for years 2009 and earlier. Beginning in
2010, the taxable maximum would be raised each year by an additional
2 percent over the current-law, wage-indexed amount until earnings
subject to payroll taxes equals 90 percent of all covered earnings.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
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Above provisions
Summary measures
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