| Number |
Table and graph selection |
| E1.1 |
Raise payroll tax rates (for employees and employers combined) by 2.1
percentage points in 2011 and later.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E1.2 |
Raise payroll tax rates (for employees and employers combined) by 1.9
percentage points in 2023-52 (to 14.3% combined) and by an additional
1.9 percentage points in 2053 (to 16.2% combined).
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E1.3 |
Beginning in 2011, reduce the combined OASDI payroll tax rate from
12.4 percent to 11.4 percent.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision (effective dates may be different)
|
| E1.4 |
Raise the payroll tax rates gradually (for employees and employers combined)
by 0.1 percentage points in 2016; continue this increase each year for 20
years. By 2035, the combined employee and employer payroll tax rate would be
14.4 percent.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision (effective dates may be different)
|
| E1.5 |
Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in 2013,
12.9 percent in 2021, 13.1 in percent in 2031, 13.9 percent in 2041, 13.5 percent
in 2051, and 13.3 percent in 2061.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision
|
| E1.6 |
Increase the payroll tax rate (currently 12.4 percent) to 12.6 percent in
2013, 12.9 percent in 2021, 13.3 in percent in 2031, 13.8 percent in 2041,
14.4 percent in 2061, and 14.5 percent in 2076.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision
|
| E1.7 |
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.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision
|
| E2.1 |
Beginning in 2011, make all earnings subject to the payroll tax (but
retain the current-law taxable maximum for benefit calculations).
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.2 |
Beginning in 2011, make all earnings subject to the payroll tax and credit
them for benefit purposes.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.3 |
Determine the level of the contribution and benefit base such that 90 percent
of the earnings would be subject to the payroll tax (phased in 2011-2020). All
earnings subject to the payroll tax would be used in determining benefits.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.4 |
Make 90% of the earnings subject to the payroll tax (phased in 2011-2020),
but retain the current-law taxable maximum for benefit purposes. This estimate
considers all self-employed earnings in computing the percentage of earnings
subject to the payroll tax.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
(effective dates may be different)
|
| E2.5 |
Raise the taxable maximum amount (the contribution and benefit base) to include
90 percent of total OASDI covered earnings. Phase in this increase gradually
between 2012 and 2017. Benefit computations would reflect all earnings up to the
new taxable maximum.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.6 |
Impose a 3 percent payroll tax on OASDI covered earnings above the current
taxable maximum starting in 2011. Benefit computations would not reflect
any earnings above the taxable maximum amount.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision (effective dates may be different)
|
| E2.7 |
In 2011 through 2013, raise the OASDI contribution and benefit base from
$106,800 to $115,200 (in 2009 AWI indexed dollars). For years after 2013,
the contribution and benefit base would be increased based on changes in
SSA's average wage index. Additional earnings subject to the OASDI payroll
tax would be credited for benefit calculation purposes.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the
provision (effective dates may be different)
|
| E2.8 |
Impose a 6 percent payroll tax on OASDI covered earnings above the
current taxable maximum starting in 2011. Benefit computations would
not reflect any earnings above the taxable maximum amount.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.9 |
Beginning in 2011, make all earnings subject to the OASDI payroll
tax and give benefit credit using an PIA formula that is extended
to provide less credit for those with AIMEs higher than the
current-law maximum AIME level. The high end of the benefit formula,
applied to 2009, would be: 15 percent of AIME between $4,483 and
$8,900 ($106,800 divided by 12), plus 3 percent of AIME over $8,900.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.10 (2011) |
Beginning in 2011, raise the taxable maximum each year by an additional
2 percent over the current-law, wage-indexed amount until total earnings
subject to payroll taxes equals 90 percent of all covered earnings.
Credit the earnings for benefit purposes.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.10 (2012) |
Increase contribution and benefit base ("taxable maximum") by an additional
2 percent per year beginning in 2012 until taxable earnings are equal to
90 percent of covered earnings. Additional taxable earnings would be credited
for the purpose of computing benefits.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.11 |
Make all earnings subject to the employer OASDI payroll tax beginning in
2011. For the employee OASDI payroll tax and for benefit calculation
purposes, the taxable maximum would equal the present-law taxable maximum
for years 2010 and earlier. Beginning in 2011, the taxable maximum would
be raised each year by an additional 2 percent over the current-law,
wage-indexed amount until earnings subject to payroll taxes equals 90
percent of all covered earnings.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.12 |
Apply the following payroll tax rate above the current-law taxable
maximum, with no credit toward benefits: 2.0 percent in 2013 and
3.0 percent in 2061.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.13 |
Increase the taxable maximum (contribution and benefit base)
by an additional 2 percent over normal indexing starting in 2013, until
90 percent of OASDI covered earnings is taxable (achieved in 2050). The
present-law taxable maximum is retained for benefit purposes; no benefit
credit is given for earnings above the present-law taxable maximum.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.14 |
Apply the following payroll tax rates above the current-law taxable
maximum, with no credit toward benefits: 2.0 percent in 2013, 3.0
percent in 2026, 3.5 percent in 2041, 4.5 percent in 2051, and 5.5
percent in 2061.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.15 |
Apply 2 percent payroll tax rate on earnings over $200,000 in 2018,
with the $200,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.16 |
Apply 2 percent payroll tax rate on earnings over $200,000 in 2018,
with the $200,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.17 |
Apply 3 percent payroll tax rate on earnings over $200,000 in 2018,
with the $200,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.18 |
Apply 3 percent payroll tax rate on earnings over $200,000 in 2018,
with the $200,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.19 |
Apply 4 percent payroll tax rate on earnings over $200,000 in 2018,
with the $200,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.20 |
Apply 4 percent payroll tax rate on earnings over $200,000 in 2018,
with the $200,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.21 |
Apply 2 percent payroll tax rate on earnings over $300,000 in 2018,
with the $300,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.22 |
Apply 2 percent payroll tax rate on earnings over $300,000 in 2018,
with the $300,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.23 |
Apply 3 percent payroll tax rate on earnings over $300,000 in 2018,
with the $300,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.24 |
Apply 3 percent payroll tax rate on earnings over $300,000 in 2018,
with the $300,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.25 |
Apply 4 percent payroll tax rate on earnings over $300,000 in 2018,
with the $300,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.26 |
Apply 4 percent payroll tax rate on earnings over $300,000 in 2018,
with the $300,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.27 |
Apply 2 percent payroll tax rate on earnings over $400,000 in 2018,
with the $400,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.28 |
Apply 2 percent payroll tax rate on earnings over $400,000 in 2018,
with the $400,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.29 |
Apply 3 percent payroll tax rate on earnings over $400,000 in 2018,
with the $400,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.30 |
Apply 3 percent payroll tax rate on earnings over $400,000 in 2018,
with the $400,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.31 |
Apply 4 percent payroll tax rate on earnings over $400,000 in 2018,
with the $400,000 threshold wage-indexed after 2018. Give proportional
benefit credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.32 |
Apply 4 percent payroll tax rate on earnings over $400,000 in 2018,
with the $400,000 threshold wage-indexed after 2018. Give no benefit
credit for additional earnings in AIME for benefit computation.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.33 |
Make 90% of the earnings subject to the payroll tax (phased in 2011-2020).
In addition, apply a tax rate of 6.2 percent for earnings above the revised
taxable maximum, phased in from 2011-2020. This additional tax rate would be
paid by employers on wages of their employees, and by self-employed workers
on their earnings. Benefit computations for workers would only reflect
earnings below the revised taxable maximum.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.34 |
Increase contribution and benefit base ("taxable maximum") by an additional
2 percent per year beginning in 2012 until taxable earnings are equal to 90
percent of covered earnings (estimated to occur in 2049). Additional taxable
earnings would be credited for the purpose of computing benefits. Create a
new bend point equal to the current-law taxable maximum and provide a 5
percent PIA formula factor for AIME above the new bend point.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.35 |
Eliminate the contribution and benefit base entirely beginning for 2017 and later;
phase in the inclusion of earnings above the current contribution and benefit base
for years 2011 through 2016. Assess the full Social Security payroll tax rate of
12.4 percent on the additional earnings. The primary insurance amount (PIA) would
be determined in two components. The first component would be based on the average
indexed monthly earnings (AIME), restricted to earnings at the level of the
current-law contribution and benefit base ($106,800 for 2010) for each year. The
second component of the PIA would be computed using the "AIME+", which would be
equal to the sum of the indexed earnings in excess of the current-law contribution
and benefit base for the 35 years included in the AIME, divided by 420. The second
component of PIA would be equal to 3 percent of AIME+ up to $11,933 ((equals
$250,000-$106,800)/12) and 0.25 percent for AIME+ above this level for beneficiaries
newly eligible in 2011. For beneficiaries newly eligible for benefits after 2011, the
"bend point" of $11,933 would be indexed by the national average wage index (AWI) in
the same manner as for the bend points in the first component of the PIA.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
| E2.36 |
Apply 12.4 payroll tax rate on earnings above $250,000 starting in 2012. The
$250,000 threshold does not increase in future years; when the current-law
contribution and benefit base exceeds $250,000, apply 12.4 percent tax rate to
earnings above the base. Earnings subject to tax above the threshold would not
be credited for the purpose of computing benefits.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing the provision
|
|
Above provisions
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|
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