Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2019, 12.9 percent in 2027, 13.1 in percent in 2037, 13.9 percent in 2047, 13.5 percent in 2057, and 13.3 percent in 2067 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
201612.912.914.014.0
201712.912.913.713.7
201813.013.013.913.9
201913.013.114.014.0
202013.013.214.114.1
202113.013.214.314.3
202213.013.214.514.5
202313.113.214.814.8
202413.113.315.015.0
202513.113.315.315.3
202613.113.315.515.5
202713.113.615.615.6
202813.213.615.815.8
202913.213.616.016.0
203013.213.716.116.1
203113.213.716.216.2
203213.213.716.316.3
203313.213.716.416.4
203413.213.716.516.5
203513.213.716.516.5
203613.213.716.616.6
203713.213.916.616.6
203813.213.916.616.6
203913.213.916.616.6
204013.213.916.616.6
204113.213.916.616.6
204213.213.916.516.5
204313.213.916.516.5
204413.213.916.516.5
204513.213.916.416.4
204613.213.916.416.4
204713.214.616.416.4
204813.214.716.416.4
204913.214.716.416.4
205013.214.716.416.3
205113.214.716.416.3
205213.214.716.416.4
205313.214.716.416.4
205413.214.716.416.4
205513.214.716.516.4
205613.214.716.516.5
205713.314.316.616.5
205813.314.316.616.6
205913.314.316.716.6
206013.314.316.716.7
206113.314.316.816.7
206213.314.316.816.8
206313.314.316.916.8
206413.314.316.916.9
206513.314.317.016.9
206613.314.317.017.0
206713.314.217.117.0
206813.314.217.117.1
206913.314.217.217.1
207013.314.217.217.2
207113.314.217.317.2
207213.314.217.317.3
207313.314.217.317.3
207413.314.217.417.3
207513.314.217.417.4
207613.314.217.417.4
207713.314.217.417.4
207813.314.217.417.4
207913.314.217.417.4
208013.314.217.417.4
208113.314.217.417.4
208213.314.217.417.4
208313.314.217.417.4
208413.314.217.417.4
208513.314.217.517.4
208613.314.217.517.5
208713.314.217.517.5
208813.314.217.617.5
208913.314.217.617.6
209013.314.217.717.6
209113.314.217.717.7
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