Proposed Provision: Apply a 6 percent payroll tax on earnings above the current-law taxable maximum starting in 2017. 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 Present Law Provision Present Law Provision
201612.912.914.014.0
201712.914.113.713.7
201813.014.213.913.9
201913.014.214.014.0
202013.014.214.114.1
202113.014.214.314.3
202213.014.214.514.5
202313.114.214.814.8
202413.114.315.015.0
202513.114.315.315.3
202613.114.315.515.5
202713.114.315.615.6
202813.214.315.815.8
202913.214.316.016.0
203013.214.316.116.1
203113.214.416.216.2
203213.214.416.316.3
203313.214.416.416.4
203413.214.416.516.5
203513.214.416.516.5
203613.214.416.616.5
203713.214.416.616.6
203813.214.416.616.6
203913.214.416.616.6
204013.214.416.616.6
204113.214.416.616.5
204213.214.416.516.5
204313.214.416.516.5
204413.214.416.516.4
204513.214.416.416.4
204613.214.416.416.4
204713.214.416.416.4
204813.214.416.416.4
204913.214.416.416.3
205013.214.416.416.3
205113.214.416.416.3
205213.214.416.416.3
205313.214.416.416.4
205413.214.416.416.4
205513.214.416.516.4
205613.214.416.516.5
205713.314.416.616.5
205813.314.416.616.6
205913.314.416.716.6
206013.314.416.716.7
206113.314.416.816.7
206213.314.416.816.8
206313.314.416.916.8
206413.314.516.916.9
206513.314.517.016.9
206613.314.517.017.0
206713.314.517.117.0
206813.314.517.117.1
206913.314.517.217.1
207013.314.517.217.2
207113.314.517.317.2
207213.314.517.317.3
207313.314.517.317.3
207413.314.517.417.3
207513.314.517.417.3
207613.314.517.417.4
207713.314.517.417.4
207813.314.517.417.4
207913.314.517.417.4
208013.314.517.417.3
208113.314.517.417.3
208213.314.517.417.4
208313.314.517.417.4
208413.314.517.417.4
208513.314.517.517.4
208613.314.517.517.5
208713.314.517.517.5
208813.314.517.617.5
208913.314.517.617.6
209013.314.517.717.6
209113.314.517.717.7
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