Proposed Provision: Increase the payroll tax rate (currently 12.4 percent) to 12.7 percent in 2013, 13.0 percent in 2026, 13.3 percent in 2041, 14.0 percent in 2061, 14.5 percent in 2071, and 14.7 percent in 2081.

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
201112.912.913.013.0
201212.912.912.812.8
201312.913.212.812.8
201412.913.212.912.9
201512.913.213.013.0
201613.013.213.113.1
201713.013.313.313.3
201813.013.313.513.5
201913.013.313.813.8
202013.013.314.114.1
202113.113.414.514.5
202213.113.414.714.7
202313.113.415.015.0
202413.113.415.315.3
202513.113.415.515.5
202613.113.715.815.8
202713.213.716.016.0
202813.213.716.116.1
202913.213.816.316.3
203013.213.816.416.4
203113.213.816.516.5
203213.213.816.616.6
203313.213.816.716.7
203413.213.816.716.7
203513.213.816.716.7
203613.213.816.716.7
203713.213.816.716.7
203813.213.816.716.7
203913.213.816.716.7
204013.213.816.616.6
204113.214.116.616.6
204213.214.116.616.5
204313.214.116.516.5
204413.214.116.516.5
204513.214.116.416.4
204613.214.116.416.4
204713.214.116.416.4
204813.214.116.416.4
204913.214.116.416.3
205013.214.116.316.3
205113.214.116.316.3
205213.214.116.316.3
205313.214.116.316.3
205413.214.116.316.3
205513.214.116.416.3
205613.214.116.416.4
205713.214.116.416.4
205813.214.116.416.4
205913.214.116.516.4
206013.214.116.516.5
206113.214.716.516.5
206213.214.816.516.5
206313.214.816.616.5
206413.314.816.616.6
206513.314.816.616.6
206613.314.816.716.6
206713.314.816.716.7
206813.314.816.716.7
206913.314.816.816.7
207013.314.816.816.8
207113.315.316.816.8
207213.315.316.916.9
207313.315.316.916.9
207413.315.317.016.9
207513.315.317.017.0
207613.315.317.117.0
207713.315.317.117.1
207813.315.317.217.1
207913.315.317.217.2
208013.315.317.317.2
208113.315.517.317.3
208213.315.517.317.3
208313.315.517.417.3
208413.315.517.417.4
208513.315.517.517.4
back