Proposed Provision: Beginning in 2011, reduce the combined OASDI payroll tax rate from 12.4 percent to 11.4 percent.

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

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201012.312.313.113.1
201112.912.013.013.0
201212.911.912.812.8
201312.911.912.812.8
201412.912.012.912.9
201512.912.013.013.0
201613.012.013.113.1
201713.012.013.313.3
201813.012.113.513.5
201913.012.113.813.8
202013.012.114.114.2
202113.112.114.514.5
202213.112.114.714.8
202313.112.115.015.0
202413.112.215.315.3
202513.112.215.515.5
202613.112.215.815.8
202713.212.216.016.0
202813.212.216.116.1
202913.212.216.316.3
203013.212.216.416.4
203113.212.216.516.5
203213.212.316.616.6
203313.212.316.716.7
203413.212.316.716.7
203513.212.316.716.7
203613.212.316.716.8
203713.212.316.716.8
203813.212.316.716.7
203913.212.316.716.7
204013.212.316.616.7
204113.212.316.616.6
204213.212.316.616.6
204313.212.316.516.5
204413.212.316.516.5
204513.212.316.416.5
204613.212.316.416.4
204713.212.316.416.4
204813.212.316.416.4
204913.212.316.416.4
205013.212.316.316.4
205113.212.316.316.4
205213.212.316.316.4
205313.212.316.316.4
205413.212.316.316.4
205513.212.316.416.4
205613.212.316.416.4
205713.212.316.416.5
205813.212.316.416.5
205913.212.316.516.5
206013.212.316.516.5
206113.212.316.516.5
206213.212.316.516.6
206313.212.316.616.6
206413.312.316.616.6
206513.312.316.616.7
206613.312.316.716.7
206713.312.316.716.7
206813.312.316.716.8
206913.312.316.816.8
207013.312.316.816.8
207113.312.316.816.9
207213.312.316.916.9
207313.312.316.917.0
207413.312.317.017.0
207513.312.317.017.1
207613.312.317.117.1
207713.312.317.117.2
207813.312.317.217.2
207913.312.317.217.2
208013.312.317.317.3
208113.312.317.317.3
208213.312.317.317.4
208313.312.317.417.4
208413.312.317.417.5
208513.312.317.517.5
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