Proposed Provision: H2. Starting in 2019, tax Social Security benefits in a manner similar to private pension income. Phase out the lower-income thresholds during 2019-2038.

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

  Income Rates Cost Rates
Year Current Law Provision Current Law Provision
201812.612.613.813.8
201912.913.014.014.0
202012.913.014.114.1
202112.913.014.314.3
202212.913.114.414.4
202313.013.114.614.6
202413.013.214.814.8
202513.013.215.015.0
202613.113.415.215.2
202713.213.415.415.4
202813.213.415.615.6
202913.213.415.815.8
203013.213.516.016.0
203113.213.516.216.2
203213.213.516.316.3
203313.213.516.516.5
203413.213.516.616.6
203513.313.516.716.6
203613.313.516.716.7
203713.313.516.816.8
203813.313.516.816.8
203913.313.516.816.8
204013.313.516.816.8
204113.313.516.816.8
204213.313.516.816.8
204313.313.516.716.7
204413.313.516.716.7
204513.313.516.716.7
204613.313.516.616.6
204713.313.516.616.6
204813.313.516.616.6
204913.313.516.616.6
205013.313.516.516.5
205113.313.516.516.5
205213.313.516.516.5
205313.313.516.516.5
205413.313.516.616.6
205513.313.516.616.6
205613.313.516.616.6
205713.313.516.716.7
205813.313.516.716.7
205913.313.516.816.8
206013.313.516.816.8
206113.313.516.916.9
206213.313.516.916.9
206313.313.517.017.0
206413.313.517.017.0
206513.313.517.117.1
206613.313.517.117.1
206713.313.517.217.2
206813.313.517.217.2
206913.313.517.317.3
207013.313.517.417.4
207113.313.517.417.4
207213.313.517.517.5
207313.313.517.517.5
207413.313.517.617.6
207513.413.517.617.6
207613.413.517.617.6
207713.413.517.617.6
207813.413.517.617.6
207913.413.517.617.6
208013.413.517.617.6
208113.413.517.617.6
208213.413.517.617.6
208313.413.517.617.6
208413.413.517.517.5
208513.413.517.517.5
208613.413.517.517.5
208713.413.517.517.5
208813.413.517.517.5
208913.413.517.617.6
209013.413.517.617.6
209113.413.517.617.6
209213.413.517.717.7
209313.413.517.717.7
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