Number |
Table and graph selection |
F1 |
Starting in 2016, cover newly hired State and local government employees.
Summary measures and graphs
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Detailed single year tables
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Memoranda containing this or a similar provision:
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F2 |
Starting in 2016, exempt individuals with more than 180 quarters of coverage from
the OASDI payroll tax. Earnings exempted from OASDI payroll tax would not be used
in computing benefits.
Summary measures and graphs
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Detailed single year tables
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Memorandum containing this or a similar provision:
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F3 |
Expand covered earnings to include employer and employee premiums for employer-sponsored
group health insurance (ESI). Starting in 2018, phase out the OASDI payroll tax exclusion
for ESI premiums. Set an exclusion level at the 75th percentile of premium distribution in
2018, with amounts above that subject to the payroll tax. Reduce the exclusion level each
year by 10 percent of the 2018 exclusion level until fully eliminated in 2028. Eliminate the
excise tax on ESI premiums scheduled to begin in 2018.
Summary measures and graphs
(PDF version)
Detailed single year tables
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Memorandum containing this or a similar provision:
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F4 |
Expand covered earnings to include contributions to voluntary salary reduction plans
(such as Cafeteria 125 plans and Flexible Spending Accounts). Starting in 2016, subject
these contributions to the OASDI payroll tax, making the payroll tax treatment of
these contributions like 401(k) contributions.
Summary measures and graphs
(PDF version)
Detailed single year tables
(PDF version)
Memorandum containing this or a similar provision:
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F5 |
Tax Reform for Business: Establish a value added tax of 3.0 percent for
2017 and 6.5 percent for 2018 and later. Starting in 2017, reduce the corporate
income tax rate from 35 to 27 percent.
Summary measures and graphs
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Detailed single year tables
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Memorandum containing this or a similar provision:
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F6 |
Apply a 6.2 percent tax on investment income as defined in the Affordable Care Act
(ACA), with unindexed thresholds as in the ACA ($200,000 for single filer, $250,000
for married filing jointly), starting in 2017. Proceeds go to the OASDI Trust Fund.
Summary measures and graphs
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Detailed single year tables
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Memorandum containing this or a similar provision:
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Above provisions
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