Proposed Provision: E2.7. Apply a 6 percent payroll tax on earnings above the current-law taxable maximum starting in 2018. Do not provide benefit credit for earnings above the current-law taxable maximum.

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
201812.914.013.513.5
201912.914.113.713.7
202013.014.113.913.9
202113.014.214.014.0
202213.014.214.314.3
202313.014.214.514.5
202413.114.314.814.8
202513.114.315.115.1
202613.114.315.415.4
202713.214.315.615.6
202813.214.315.915.8
202913.214.416.116.1
203013.214.416.316.3
203113.214.416.416.4
203213.214.416.616.6
203313.214.416.716.7
203413.214.416.816.8
203513.214.416.916.9
203613.214.417.017.0
203713.214.417.017.0
203813.214.417.017.0
203913.214.417.017.0
204013.214.417.016.9
204113.214.416.916.9
204213.214.416.916.8
204313.214.416.816.8
204413.214.416.816.7
204513.214.416.716.7
204613.214.416.716.7
204713.214.416.616.6
204813.214.416.616.6
204913.214.416.616.6
205013.214.416.616.5
205113.214.416.616.5
205213.214.416.616.5
205313.214.416.616.5
205413.214.416.616.6
205513.214.416.616.6
205613.214.416.716.6
205713.214.416.716.7
205813.214.416.716.7
205913.214.416.816.7
206013.314.416.816.8
206113.314.416.916.8
206213.314.416.916.9
206313.314.417.016.9
206413.314.417.017.0
206513.314.417.117.0
206613.314.517.117.1
206713.314.517.217.1
206813.314.517.217.2
206913.314.517.317.2
207013.314.517.317.3
207113.314.517.417.3
207213.314.517.417.4
207313.314.517.417.4
207413.314.517.517.4
207513.314.517.517.5
207613.314.517.517.5
207713.314.517.517.5
207813.314.517.517.5
207913.314.517.517.5
208013.314.517.517.5
208113.314.517.517.5
208213.314.517.517.5
208313.314.517.517.5
208413.314.517.517.5
208513.314.517.617.5
208613.314.517.617.5
208713.314.517.617.6
208813.314.517.717.6
208913.314.517.717.6
209013.314.517.717.7
209113.314.517.817.7
209213.314.517.817.8
back