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Repealing the Cap on Payroll Taxes
Individual Taxes
:
Revenue Raising Options
T07-0035 - Change Social Security Rate to 5.35% and Eliminate the Cap on Social Security, Static Impact on Revenue ($ billions), 2009-13
2009-13 Static impact on tax liability and revenue of eliminating the cap on earnings subject to social security payroll taxes and reducing the rate for both employer and employee to 5.35 percent
January 25, 2007
Individual Taxes
:
Revenue Raising Options
T07-0036 - Eliminate the Cap on Social Security, Static Impact on Revenue ($ billions), 2009-13
2009-13 Static impact on tax liability and revenue of eliminating the cap on earnings subject to social security payroll taxes
January 25, 2007