Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2018, 12.9 percent in 2026, 13.3 in percent in 2036, 13.8 percent in 2046, 14.4 percent in 2066, and 14.5 percent in 2081 and later.

OASDI Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201512.812.814.114.1
201612.912.913.913.9
201712.912.913.913.9
201812.913.114.014.0
201913.013.114.114.1
202013.013.214.214.2
202113.013.214.314.3
202213.013.214.514.5
202313.013.214.714.7
202413.113.315.015.0
202513.113.315.215.2
202613.113.615.415.4
202713.113.615.615.6
202813.113.615.715.7
202913.113.615.915.9
203013.213.616.116.1
203113.213.616.216.2
203213.213.716.416.4
203313.213.716.516.5
203413.213.716.616.5
203513.213.716.616.6
203613.214.016.716.7
203713.214.116.716.7
203813.214.116.716.7
203913.214.116.716.7
204013.214.116.716.7
204113.214.116.716.7
204213.214.116.716.7
204313.214.116.616.6
204413.214.116.616.6
204513.214.116.616.6
204613.214.516.616.6
204713.214.616.616.5
204813.214.616.516.5
204913.214.616.516.5
205013.214.616.516.5
205113.214.616.616.5
205213.214.616.616.6
205313.214.616.616.6
205413.214.616.616.6
205513.214.616.716.7
205613.214.616.716.7
205713.214.616.816.8
205813.214.616.816.8
205913.214.616.916.9
206013.314.617.016.9
206113.314.617.017.0
206213.314.617.117.0
206313.314.617.117.1
206413.314.617.217.1
206513.314.617.217.2
206613.315.217.317.2
206713.315.217.317.3
206813.315.217.417.4
206913.315.217.417.4
207013.315.217.517.5
207113.315.217.617.5
207213.315.217.617.6
207313.315.217.617.6
207413.315.217.717.6
207513.315.217.717.6
207613.315.217.717.7
207713.315.217.717.7
207813.315.217.717.7
207913.315.217.717.7
208013.315.217.717.7
208113.315.317.717.7
208213.315.317.717.7
208313.315.317.717.7
208413.315.317.817.7
208513.315.317.817.8
208613.315.317.817.8
208713.315.317.917.8
208813.315.317.917.9
208913.315.318.017.9
209013.315.318.018.0
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