Tax Policy Center

Model Estimates

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T07-0207 - Integrated Payroll Tax Plan, Static Impact on Individual Income Tax Liability and Revenue ($ billions), 2008-17

2008-17 Static impact on individual income tax liability and revenue for a plan that exempts the first $5,000 of wage income from the payroll tax base and eliminates the cap on the Social Security tax base

July 22, 2007