Proposed Provision: E1.3. Reduce the payroll tax rate (currently 12.4 percent) to 11.4 percent in 2018 and later.

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

  Income Rates Cost Rates
Year Current Law Provision Current Law Provision
201713.013.013.413.4
201812.912.013.513.5
201912.912.013.713.7
202013.012.013.913.9
202113.012.014.014.0
202213.012.114.314.3
202313.012.114.514.5
202413.112.114.814.8
202513.112.115.115.1
202613.112.215.415.4
202713.212.215.615.6
202813.212.215.915.9
202913.212.216.116.1
203013.212.216.316.3
203113.212.216.416.5
203213.212.316.616.6
203313.212.316.716.7
203413.212.316.816.9
203513.212.316.916.9
203613.212.317.017.0
203713.212.317.017.0
203813.212.317.017.0
203913.212.317.017.0
204013.212.317.017.0
204113.212.316.916.9
204213.212.316.916.9
204313.212.316.816.8
204413.212.316.816.8
204513.212.316.716.7
204613.212.316.716.7
204713.212.316.616.7
204813.212.316.616.6
204913.212.316.616.6
205013.212.316.616.6
205113.212.316.616.6
205213.212.316.616.6
205313.212.316.616.6
205413.212.316.616.6
205513.212.316.616.6
205613.212.316.716.7
205713.212.316.716.7
205813.212.316.716.8
205913.212.316.816.8
206013.312.316.816.9
206113.312.316.916.9
206213.312.316.917.0
206313.312.317.017.0
206413.312.317.017.1
206513.312.317.117.1
206613.312.317.117.2
206713.312.317.217.2
206813.312.317.217.3
206913.312.317.317.3
207013.312.317.317.4
207113.312.317.417.4
207213.312.317.417.5
207313.312.317.417.5
207413.312.317.517.5
207513.312.317.517.5
207613.312.317.517.6
207713.312.317.517.6
207813.312.317.517.6
207913.312.317.517.6
208013.312.317.517.6
208113.312.317.517.5
208213.312.317.517.5
208313.312.317.517.6
208413.312.317.517.6
208513.312.317.617.6
208613.312.317.617.6
208713.312.317.617.7
208813.312.317.717.7
208913.312.317.717.7
209013.312.317.717.8
209113.312.317.817.8
209213.312.417.817.9
back